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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

Dynegy Buys into UK Natural Gas Industry

LCG, July 17, 2001U.S. energy firm Dynegy Inc. said yesterday it has agreed to acquire BG Storage Ltd. from its owner BG Group Plc of Britain for 421 million ($590 million U.S.).

Among BG Storage's assets are nine salt caverns, 30 wells with five offshore platforms in the North Sea, about 20 miles of pipeline and a natural gas processing terminal.

Also included is the Rough storage facility, Britain's largest. A partially depleted gas field in the Southern North Sea is used to store gas three kilometers underground. Its unique feature is its huge size, able to store the amount of gas needed to supply the British market for 13 days.

Dynegy said BG Storage's 290 employees will be retained when the deal closes later this summer. The acquisition will become part of Dynegy Europe Ltd.

"This acquisition is the cornerstone of Dynegy's European energy delivery network, which willenable us to capture incremental value in the newly liberalized European Union energy markets," Gary Cardone, president of Dynegy Europe, said in a statement.

Frank Chapman, Chief Executive, BG Group Plc, said: "We have carried out an exhaustive strategic review of BG Storage's operations and concluded that the greatest shareholder value was likely to be achieved through a sale of these assets, and we have worked quickly to realize this outcome. We will continue to enhance our strategic position as the integrated gas major and remain committed to growing the value of our UK assets. The proceeds will be utilized elsewhere to further our aims of growing the business and simultaneously strengthening returns."

The transaction is subject to approval by the British office of Gas and Electricity markets and UK competition authorities.

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