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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

Morgan Stanley Can Buy Duke Power Contracts

LCG, Jan. 20, 2004--The sale of contracts by Duke Energy Trading and Marketing, a unit of Duke Energy Corp., to Morgan Stanley Capital Group has received approval from the Federal Energy Regulatory Commission.

The deal, which includes interests in 241 contracts, would cover short-term and long-term contracts. The sale also would move Duke Energy Corp. nearer to dissolving the Duke Energy Trading and Marketing unit, a joint venture with Exxon Mobil Corp. The unit would retain at least some of its portfolio of contracts.

Duke spokeswoman Kate Perez said that Duke continues to trade using its generating assets. Although Duke Energy North America, the merchant unit, is preparing to sell unspecified plants in the Southeast, the company has plants throughout other regions of the country.
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