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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

Mirant Buys Half of Avista Oregon Power Project

LCG, Oct. 24, 2001--Mirant Corp. and Avista Corp. announced separately this morning that they had signed a letter of intent for Mirant to acquire a 50 percent interest in a 280 megawatt power project being developed by Avista near Boardman, Ore.

The Coyote Springs 2 power project is currently under construction and is expected to begin commercial operation next summer. The natural gas-fueled, combined-cycle will be connected to the Bonneville Power Administration's transmission system.

Mirant said the reason for its investment was to expand its generation capacity in the pacific northwest, while Avista said the sale was to save money, though precise financial details were not disclosed.

The two companies will share equally in the costs of construction and operation of the plant and will jointly own the project. They also will share equally in the marketing of the plant's output.

Avista said it has already spent about $140 million on the facility, which has an estimated total cost of between $180 million and $190 million. The company is making an effort to reduce capital expenditures by more than $50 million by the end of next year.

The companies said the deal is expected to close by the end of this year.

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