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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

El Paso Says No "Round-Trip" Trades

LCG, May 20, 2002-Energy trader El Paso denied using the "round-trip" Enron memo trading strategy.

When memos were released relating Enron to electricity trading strategies designed to manipulate the California market, the Federal Energy Regulatory Commission ordered over a hundred energy companies to state whether they participated in any of twelve strategies.

Today El Paso Corporation, a natural gas pipeline and energy trading company, said that it did not participate in the "round-trip" trades, which involve selling electricity and then buying it back at the same price with the intent of increasing trading volumes.

Meanwhile corporations such as CMS Energy are facing multiple shareholder lawsuits after admitting to such trading practices. Reliant Resources also admitted to using "round-trip" trading, and Dynegy Inc. is under investigation by the Securities and Exchange Commission.

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