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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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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

Calpine Buys 500 Megawatt Project from PG&E

LCG, July 11, 2001--Calpine Corp. and PG&E National Energy Group said jointly yesterday that Calpine has completed the acquisition of the 500 megawatt Otay Mesa power project in San Diego County, Calif. for an undisclosed sum.

The Otay Mesa project has been in development by the PG&E unit for three years, and was finally approved by the California Energy Commission in April. Calpine will begin construction this summer, with commercial operation penciled in for mid-2003.

Under terms of the sale, Calpine will build, own and operate the facility and PG&E National Energy Group will contract for up to 250 megawatts of output under a 10-year tolling arrangement. Calpine will market the balance of the output through its energy services group.

"This project will directly address the electricity supply imbalance that currently exists in San Diego County," said Ron Walter, Calpine's senior vice president for business development. "Otay Mesa is an important component needed to ensure price stability and power reliability for San Diego and all of California."

The project is located within a 46-acre property on the eastern portion of Otay Mesa, near the base of the San Ysidro Mountains, approximately 1.5 miles from the United States-Mexico border.

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