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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

FirstEnergy Seeks Progressively Higher Rates

LCG, Feb. 6, 2004--FirstEnergy has outlined a long-term rate structure proposal that raises the possibility of increases of as much 50 percent over three years.

Uncertainty about the rates would come from FirstEnergy's request that it be able to defer some rate increases until further into the future. According to the plan, charges that serve to "improve reliability of service" would be justified. A "Rate Stabilization Charge" would cover the possibility of spending in order to attract customers who may have switched to another supplier.

The Ohio Consumers' Counsel (OCC) has said that current charges should cover expenditures for reliable service, and that additional charges on these grounds are not justified. The implementation, modification or rejection of various elements of FirstEnergy's plan will be decided by the Public Utilities Commission of Ohio.
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