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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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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Fudging the Numbers Made Cal Power Auction Look Good

LCG, Jan. 26, 2001When California Gov.Gray Davis announced that the average bid received by the state's Water Resources Department for electric power contracts was 6.9 cents per kilowatt-hour, he took the surprisingly low price as a sign that "we are on the right track."

It now turns out that 6.9 cents was not the average price, but what the governor's office calls a "weighted average." With only a little more candor, it might be termed a "lightened average." Yesterday, the governor's office said the $69 per megawatt-hour "average" didn't take into account power that would be delivered during periods when it was needed most.

Periods of peak demand represent a lot of the waking hours in California, and anywhere else. The 6.9 cent figure did not include power that would be delivered between noon and 8:00 p.m. in the summer and between 5:00 p.m. and 9:00 p.m. in the winter.

A spokesman in the governor's office insisted there was no attempt to mislead anyone. "We're not throwing out those other bids," he said, "it's just that they're not letting that stuff out."

They had better let that stuff back in. California is expected to be even shorter on power this coming summer than it was last year. So far this winter, there have been two feeble storms in the state, and the reservoirs behind 14,000 megawatts of hydroelectric capacity are pretty empty.

The "weighted average" may have allowed the governor's office to paint a rosy picture, but it was only rosy for a day.

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