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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

DOE Chief Addresses Natural Gas Issue

LCG, June 24, 2003Today Secretary of Energy Spencer Abraham said that the U.S. gas supply crunch was not quite over yet.

Gas prices, which have been around twice last years at roughly $6 per million Btu, are likely to continue, at least according to Abraham. He noted that by no means are we out of the woods yet, although he did say that there was an increase in weekly gas inventories.

Recent storage rates are encouraging after a long, cold winter, but they are in part due to current mild summer temperatures.

Abraham is planning a National Petroleum Council meeting for Thursday in order to discuss possible measures to relieve the high prices and low supply.

Some economists and legislators are worried that the rising gas prices are hurting utilities and gas-dependent industries, although others believe supply will return to normal levels by November.

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