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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

PG&E to Pay Franchise Fee to Local Governments on Time

LCG, April 3, 2002-PG&E said yesterday that it will pay $145 million in franchise fees to hundreds of counties and cities in its service area, as required by its contracts.

The 2001 franchise fee surcharge has increased by 44 percent over the 2000 charge.

While the utility is still working out its financial situation in bankruptcy court, PG&E chief executive Gordon Smith has proudly announced that the company will fulfill commitments in franchise fees which he says are necessary to support government programs and services.

Franchise fees, a percent of gross receipts, are charged by cities and counties for PG&E's use of public streets.

Cities and counties with March 31 deadlines have been paid, and those with April 15th deadlines will be paid on time, according to PG&E.

Creditors of PG&E will vote on plans regarding PG&E's $13.2 billion debt later this year.

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