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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

E·on Goes Shopping with Nearly $26 Billion

LCG, Dec. 14, 2001--German utility Eon said yesterday it would invest 28.7 billion euros ($25.8 billion U.S.) over the next three years, about 55 per cent of which would be outside Germany. More than 80 percent of the investment will be in the energy sector.

Items on Eon's shopping list include Powergen Plc of Great Britain, for which the German company has budgeted 8 billion euros ($7.2 billion) and Ruhrgas, Germany's largest natural gas company, which could cost Eon 4 billion euros ($3.6 billion).

Ulrich Hartmann, Eon's chief executive, said most of the spending would be in Europe and North America, and could be fully funded from cashflow and the proceeds from the sale of non-core assets. The objective is to make Eon one of the world's leading energy providers.

Last month, the company said it hoped to purchase to large U.S. energy companies and has set aside a war chest of 35 to 40 billion euros ($31.5-$36 billion) for those and other acquisitions.

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