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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

Kuwait's Parliament Slows Emergency Power Projects

LCG, Feb. 13, 2002--The Kuwaiti parliament made the awarding of contracts for power plant construction subject to normal review procedures on Tuesday, rather than allow Electricity Ministry representatives to award contracts themselves.

$425 million worth of contracts were being considered in order to protect the country against possible shortages in 2003. Western executives consider the processing and review of contracts by the Central Tender Committee (CTC) to be an extended procedure.

Companies such as Siemens AG, General Electric, Alstom SA and Mitsubishi have already submitted bids for a gas turbine project worth approximately $400 million. The parliament is not altogether comfortable with state contracts that are not subject to traditional review, however.

The Electricity Minister Talal al-Ayar made a statement to the parliament that the ministry panel charged with approving power projects was in place "for the urgent necessity to implement projects to meet the country's future power needs."

The country experienced nine percent growth in power demand in 1999, and hopes to procure 1,000 megawatts in new capacity by 2004. Summer temperatures in the shade can reach 125 degrees Fahrenheit (50 Celsius).
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