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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

Fitchburg to Cut Default Service Electric Rates 45%

LCG, Oct. 4, 2001--Unitil Corp. said yesterday its wholly owned subsidiary Fitchburg Gas & Electric Light Co. has filed for a 45 percent decrease in its electric default service rates with the Massachusetts Department of Telecommunications and Energy.

If approved, the proposed rates will go into effect for the period from this coming December 1 to May 31 of next year.

FG&E will offer the new low default service rate to all of its low-income customers, including those presently served under standard offer service, in accordance with an MDTE policy aimed at ensuring that low-income customers always receive the lowest possible rate from the utility.

Under the FG&E proposal, the default service rate will decrease by more than 45 percent for residential customers, dropping to 4.996 cents per kilowatt-hour from the currently effective rate of 9.128 cents. As a result, a typical residential customer on default service using 500 kilowatt-hours of electricity per month will see his monthly bill drop to $65.40 from the current level of $86.06, a reduction of $20.66. Commercial and industrial customers currently taking default service will also see similar decreases in rates, the company said.

"I am very pleased to announce another rate decrease for Unitil customers," said Unitil chief executive Bob Schoenberger. "Combined with the decrease in rates for gas service which we filed on September 17th, this is very good news for our customers and will reduce the economic burden of energy costs for this coming winter particularly for our low income customers."

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