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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

PPL Cancels Six Power Projects

LCG, Jan. 7, 2002--Utility holding company PPL Corp said on Friday that it will cancel six new power plants in Pennsylvania and Washington state, representing in the aggregate $1.3 billion worth of projects.

On Friday, EnergyOnline Daily News reported that Mirant Corp., Dynegy Inc., El Paso Corp. and possibly Calpine Corp. were also making significant cutbacks in previously announced projects.

PPL, like the others, cited falling wholesale power prices as the main reason for the cancellations. The companies also said they want to put some meat on their balance sheets in the wake of the collapse of energy trader Enron Corp.

PPL chief executive William Hecht said current market prices and regulatory conditions did not justify PPL's pursuit of the six projects that were in the early stages of development. He pointed to actions by power pools, independent system operators and the Federal Energy Regulatory Commission as having dampened power prices as well as adding uncertainty to the future.

PPL said it would remain on course in the development of $1.5 billion in other power plant projects over the next two years.

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