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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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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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Industry News

FERC Finds Market Abuse During Western Crisis

LCG, August 14, 2002-The Federal Energy Regulatory Commission released a report today citing evidence of electricity and gas market abuse by energy companies during California's energy crisis of 2000/2001.

FERC found evidence that Enron Power Marketing Inc., Avista, and El Paso Electric may have engaged in market manipulation. The federal regulator has begun formal investigation of these three companies as well as Enron Capital and Trade Resources Corp. and Portland General Electric.

The five companies are reportedly cooperative with FERC's investigations, and Avista has asserted its participation in proper market practices.

Unlike FERC's hands-off approach to California's crisis during the state's severe electricity shortage, the regulator is now more than willing to acknowledge the possibility of market abuse. Californian officials hope that FERC will make findings that will allow for refunds to consumers. A hearing held by a FERC administrative law judge will begin sometime soon regarding exactly how much in refunds should be mandated.

According to Donald Gelinas, commission market, tarrifs, and rate office director, "[FERC] found a lot of strange behavior that affected natural gas prices."

The report asserted that gas price reporting used during the crisis was flawed. Industry surveys used to report prices did not use statistically correct methods and could be manipulated, it said.

Other reported problems with the market included the state's market structure, which FERC says allowed for prices to rise in an unreasonable way.

Although many in California are excited about the report and FERC's change of heart, Governor Gray Davis called the report a "whitewash," asserting that the agency did not do nearly enough.

"FERC is impotent. FERC is anemic. FERC is spineless," he said.

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