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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

Reliant Resources to Sell Off European Assets at Loss

LCG, February 20, 2003Reliant Resources Inc. will sell energy-related European assets to Nuon at a loss of $900 million.

The Netherlands Nuon will purchase the assets for roughly $1.3 billion, in part comprised of $1.2 billion in cash receipts. $0.5 billion of the reportedly $0.9 billion loss is associated with goodwill impairment.

Reliant will pay its $600 million in euro debt that matures this March, but Nuon will take on debt that matures this July.

Reliant has 3,500 megawatts in electric capacity in the Netherlands as well as in commercial energy holdings.

The agreement will still require Dutch and German antitrust approval and is expected to be completed in half a year.

Reliant is based in Houston, Texas.

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