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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

New Zealand Experiments With Real-Time Electricity Pricing

LCG, October 15, 2002-M-co, New Zealand's electricity market operator, has begun operating a real-time wholesale electricity pricing system.

Normally, New Zealand's wholesale electricity prices are calculated every 30 minutes, but M-co will now have the prices reported every 5 minutes. This publishing-per-5 minutes trial will last three months and will not affect market settlement as yet.

M-co's intention is to optimize the market; the company feels that the shorter time may have a positive effect on the calculation of settlement prices.

M-co also operates the retail electricity market of South Wales, the green energy market of Australia, and the wholesale electricity market of Singapore, in addition to working with developing markets in Africa.

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