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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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The Nuclear Company Announces a 6.6 GW Nuclear Project to Commence Construction by 2030 in Kentucky

LCG, October 21, 2026--The Nuclear Company today announced a proposed nuclear energy campus in Kentucky that could potentially provide 6.6 GW of electric generating capacity. The Prosperity One nuclear energy campus, located along the Ohio River in eastern Kentucky, could accommodate up to six Westinghouse AP1000 reactors and would be the largest nuclear power generation site in the nation if fully constructed.

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Industry News

Lawmakers Roll Back San Diego Electric Rates

LCG, Sept. 1, 2000California Gov. Gray Davis is expected to sign emergency legislation passed Wednesday evening that will roll back electricity rates in San Diego where customer bills have doubled in the past three months.

The legislation, passed on Tuesday by the state Senate, cleared the Assembly late Wednesday as lawmakers scrambled to clear their agenda in order to begin their vacations today. The measure was sponsored by two San Diego Democrats, Dede Alpert in the Senate and Susan Davis in the Assembly.

The bill caps the generation portion of electric service at 6.5 cents per kilowatt-hour and would be retroactive to June 1. The only utility affected by the legislation is San Diego Gas & Electricity Co., whose customers became subject to market prices when the company paid off its stranded costs and no longer fell under a rate freeze imposed by the California electric restructuring law.

Rates for customers of Pacific Gas & Electric Co. and Southern California Edison Co., the state's other two investor-owned electric utilities, remain frozen.

SDG&E spokesman Doug Kline pointed out that the utility, having sold its power plants, had to buy power to serve its customers and simply passed the cost along to customers without making a profit. He said absorbing the difference between 6.5 cents and the market price could cost the utility $726 million by the end of 2002, when the rate cap would expire.

" It is a well intentioned, but seriously flawed bill. It is like ordering a shopkeeper to buy a loaf ofbread for $2 and sell it to customers for 60 cents," Kline said.

He added that the company was urging Davis to veto the bill, but there is faint hope of that. A spokesman in the governor's office, Steven Maviglio, said "If he gets the bill next week I suspect he will sign it sooner rather than later."

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