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TVA and ENTRA1 Energy Announce Collaborative Agreement in Landmark 6-Gigawatt NuScale SMR Deployment Program - Largest in U.S. History

LCG, September 3, 2025--The Tennessee Valley Authority (TVA) and ENTRA1 Energy (ENTRA1) yesterday announced a new agreement to advance nuclear power development within TVA’s service region. Under the agreement, ENTRA1 Energy will collaborate with TVA to deploy six ENTRA1 Energy Plants™, each powered by multiple NuScale Power Modules™, to provide up to 6 GW of firm, 24/7 baseload power.

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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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Industry News

Another Seattle Electric Rate Increase - More to Come

LCG, May 31, 2001Customers of Seattle City Light, the Washington city's municipal utility, will begin paying 9.3 percent more for electricity in July. The rate hike, the third so far this year, won't be the last, according to the Seattle Times, and also won't be the stiffest.

The paper said yesterday that this latest increase, like previous increases of 10 percent in January and 18 percent in March, is considered a temporary surcharge, expected to be removed in 2002 or 2003.

The rate increase is needed to pay for power at ever-increasing rates and to repay $250 million the utility has borrowed to pay higher than expected prices for power already purchased. City Light typically purchases between 10 percent and 15 percent of its power on the wholesale market, where a persistent drought in the hydroelectric-dependent Pacific Northwest has caused prices to increase 10- to 20-fold.

Even with the current rate increase, a residential customer in Seattle pays only 6 cents per kilowatt-hour for electricity, but he's used to paying a lot less because of all the federal hydroelectric dams that dot the Columbia and Snake Rivers. The water flow this year is expected to be about 58 percent of normal, which means there will be only 58 percent of the usual amount of power.

Most of those dams are operated by the Bonneville Power Administration, a federal agency. Next month, City Light expects to learn how much the agency will charge for a new power contract.

According to Gary Zarker, City Light customers could face a 22 percent rate increase in October, and that's under a best-case scenario. If Bonneville fails to get its municipal utility customers to rein in power usage, and get several aluminum companies to halt production, the rate increase to Seattle customers could be much higher than 22 percent, he said.

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