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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Texas PUC Approves Rate Increases for Fuel

LCG, Aug. 23, 2002--Texas' Public Utility Commission today allowed major retail power sellers in the state to increase their rates, based on higher natural gas prices.

The amount of the average increase for a customer of TXU Corp., Reliant Resources Inc. or American Electric Power Co. will be $4 a month, according to a company spokesman, Chris Schein. The rate cases cited higher natural gas costs incurred by the companies. While retail power rates in Texas are largely fixed until 2006, the fuel component is allowed to trigger rate increases up to twice annually, based on rules governing deregulation in the state.

When the rate increase was first sought, the Public Utility Commission did not immediately consider the applications by the three utilities. Two weeks ago, however, a judge issued an injunctive order to permit an increase unless the PUC found the case was not justified.
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