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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

Greenspan Sees No Quick End to High Natural Gas Prices

LCG, June 11, 2003--The chairman of the Federal Reserve, Alan Greenspan, testified before Congress yesterday on the rise of natural gas prices, and the lack of new supplies to counter the trend.

A year ago, the typical price per million btu was around $3.50, but recently has been near $6. Much of the rise has apparently come from the drop in inventories brought on by an unexpectedly cold, longer winter and increased need for heating. Greenspan said that the cost of natural gas is cutting into corporate earnings and household spending on other goods, and could delay national economic recovery. Given the signals from the forward market for gas, Greenspan said that a price level of around $2 per million btu represents "a historical relic, at least for the time being."

The chairman noted that drilling companies' discoveries are not producing the same increase in production that they had previously. He said that the U.S. should seriously consider significant expansion of liquid natural gas terminals to handle shipments from overseas, as even Canada, which supplies about 15 percent of national consumption, is not able to boost its exports to the degree that prices would be noticeably affected.
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