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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

California Bond Sale Going Before PUC

LCG, Feb. 21, 2002--The California Public Utilities Commission will vote today on a bond measure worth $10.85 billion, to repay the state for power purchases made in the past year.

Last year, the bond sale was set by Gov. Davis at $13.4 billion, and then $12.5 billion, and in October was rejected by the PUC on the grounds that the price paid for power through long-term contracts had not been justified. In October, Gov. Davis' administration said that estimates of power costs paid by the state were 20% lower than what had been foreseen two months earlier.

California faces a projected budget deficit of $14 billion, with an additional $6.1 billion shortfall possible due to past power purchases made using the state's general fund. If the bonds are sold by June 30, the close of the states fiscal year, the purchases will not be added to the deficit.

In additional to the $6.1 billion, California also obtained a $4.1 billion loan for power purchases, which will incur $413 million in interest charges by the end of June. Criticism of the terms of the bond measure have focused on the fact that the PUC will not have the authority to approve the Department of Water Resources' power-related costs as stated by that agency.

Loretta Lynch, PUC's president, said "the law says the PUC shall cover DWR's cost, whatever they are. The reasonableness of their costs resides with them, not us."
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