EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

India Says AES Could Take Over Enron's Dabhol

LCG, June 28, 2001India's federal power minister said this morning that there would be no objection raised if U.S. electricity company AES Corp. were to take over the Dabhol Power Co. in Maharashtra state from American energy giant Enron Corp.

Enron and lenders to the 2,184 megawatt Dabhol project have reached an impasse with the Indian federal government, Maharashtra state, the Maharashtra State Electricity Board and Maharashtra regulators over payment for power produced by Dabhol and sold under a six-year-old contract to the MSEB.

The 740 megawatt fist phase of Dabhol began commercial operations last year and the MSEB has repeatedly defaulted on payments for power, forcing Enron to exercise state and federal guarantees. Maharashtra has escalated the confrontation by saying it now wants to renege on its obligation to accept power from the 1,444 megawatt second phase, which is nearing completion.

Enron and its non-Indian lenders have authorized Dabhol to terminate its agreement with the MSEB and lay recovery of their investments before the International Court of Arbitration in London, a move that would further tarnish India's reputation as a safe haven for foreign investment.

Federal Power Minister Suresh Prabhu said this morning "If both parties agree we have no problem. We will encourage any investment in the power sector, so AES is welcome."

AES Corp.'s Indian subsidiary acknowledged it was interested in Dabhol but had neither made nor received a proposal. The company said in a statement that it "has a long-term view of the Indian power market and would consider getting involved with the Dabhol and other projects if an appropriate opportunity presents itself."

AES, which has been involved in the Indian power sector for nearly a decade, said in its statement "The commitment and willingness of parties to a contract to honor their commitments is an important consideration for our investment decision in any project."

Enron might point out that "commitment and willingness to honor contracts" is at the root of its problems with Maharashtra.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service