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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

Slovakia Privatizes Energy (a Bit)

LCG, May 22, 2002-The government of Slovakia decided to allow the sale of 49 percent of each of three electricity distributors.

Final approval for the sale came after three weeks of delay, which saw discussions between parties within the group responsible for approval.

49 percent of Zapadoslovenska Energetika AS will be sold to Germany's E.On for €330 million ($304 million). RWE Plus will buy the same percent of Vychodoslovenska Energetika AS for €130 million ($120 million), and Electricite de France will buy 49 percent of Stredoslovenska Energetika for €158 million ($145 million).

Having chosen from 10 bids, the Slovak government is selling its assets with the help of HSBC Holdings, CAIB Securities, and BNP Paribas, and expects payment within three months.

The sale of Slovak electricity generator Slovenske Elekrarne AS will wait until after fall elections.

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