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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

Regulators Cut Nevada Power's Rate Plan in Half

LCG, April 2, 2002-Nevada Power has been denied its attempt to pull itself out of the red as regulators prevent the utility from establishing its $922 million rate increase.

The company had planned to recover $922 million by increasing rates, but Nevada Public Utility Commissioners were concerned that consumers would not be able to pay higher rates and also cited situations where Nevada Power could have avoided the debt it incurred.

According to the Las Vegas Review, Commissioners said there was evidence showing that Nevada Power had not taken offers for cheaper electricity at 3 cents a kilowatt-hour from Merril Lynch in December 2000.

Some officials fear that the Public Utilities Commission has still been too generous to the utility, and low and fixed-income customers might go without air-conditioning in the Nevada desert this summer.

The utility insists it was concerned most about providing power to customers during a power crisis. Analysts say that the utility has little choice beyond filing for bankruptcy in recovering the money it borrowed to buy power and fuel last year.

Nevada Power had received permission to raise rates in 2000 and in 2001, but this year the utility was allowed $437 million less than its requested $922 million rate increase.

The utility has not yet said whether it will file for bankruptcy, a move that will allow it more flexibility in arranging contracts.

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