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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

ISO Board Drops Spot Market Price Cap to $250

LCG, Aug. 2, 2000--In a rancorous meeting marked by accusations of price gouging by electricity generators and poor forward planning by utilities, the oversight board of the California Independent System Operator yesterday voted to lower the price cap on power sold in the spot wholesale electricity market from $500 to $250 per megawatt-hour.

The lower price takes effect next Monday.

The limit had been reduced from $750 to $500 only weeks ago, in response to high prices being passed through to customers of San Diego Gas & Electric Co., which no longer operates under the price freeze imposed by the California electric restructuring law.

Yesterday was the third time the oversight board had considered dropping the price cap to $250. On two previous occasions the board, after long meetings, sided with power producers who said that artificially low power prices would discourage development of new power plants in the state.

In news reported yesterday Duke Energy Corp., a North Carolina company that operates power plants in California, said it would provide state utilities with wholesale power at $50 per megawatt-hour under long-term contracts, if the law permitted it to do so.

Californias three big utilities are prevented from entering into such contracts by the electric deregulation law, which mandates that they buy all of their power through the California Power Exchange, a sister organization to Cal-ISO.

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