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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

California PUC President Talks of "Cooling Off Period"

LCG, Mar 17, 2003--The president of the California Public Utilities Commission, Michael Peevey, appointed to replace the former president Loretta Lynch late last year, said in an interview with Reuters that the uncertainty about deregulation created by the 2000-2001 energy crisis will require hard thinking about possible directions for the state's power market.

Peevey noted that summer supplies will need to be monitored closely due to dry conditions in the Northwest and lower-than-average snowpack in the Sierras. In order to see that supply remains ahead of demand, the former president of Edison International and its utility Southern California Edison said that strong efforts in conservation and the ongoing installation of new conventional and renewable capacity resources are part of current plans developed between the CPUC and two other agencies.

According to Peevey, "this is the first time that state agencies have committed to work together on a single plan." He said, "We need a hiatus for a year or so, a cooling off period, and then look anew at what kind of market we want to have." The current version of the plan he spoke of would include more small generating plants to be used within demand centers and more pipelines for natural gas.

In reference to the prospect for the state obtaining refunds for previously signed long-term power contracts, the PUC president told Reuters that rather than "accept throwaways from FERC" should any refunds fall short of the $9 billion sought, the state would next have to take the matter up with the 9th District Federal Court in San Francisco.
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