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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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FERC Proposes NEPA Revisions to Streamline Air Quality Analyses and Accelerate Natural Gas Projects

LCG, October 16, 2026--The Federal Energy Regulatory Commission (FERC) announced on Thursday its new proposal to revise and accelerate its review of air quality effects for proposed natural gas projects under the National Environmental Policy Act (NEPA). The draft policy statement highlights revisions designed to (i) avoid unnecessary delays and duplicative analysis and (ii) deliver greater regulatory certainty and a streamlined path forward for project applicants.

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Industry News

Bankrupt NRG's Plants Seen as Important to Reliability

LCG, July 18, 2003--NRG Energy, the bankrupt merchant developer, says that its losses from operating power plants under a supply contract with Connecticut Light & Power amount to $500,000 per day, and that it could have no cash left within less than a month with which to continue running the plants.

In a ruling in June, the Federal Energy Regulatory Commission (FERC) determined that NRG must honor its supply contract, which is scheduled to end at the end of the year. The grid administrator for New England, ISO-NE, has warned that the risks of not having enough power to supply customers in Connecticut would increase substantially during peak periods if capacity goes offline for any reason. NRG Energy has 25 generating units that have a combined potential output of 2,155 megawatts.

According to the New England Independent System Operator, areas throughout its territory would be vulnerable to blackouts in the absence of NRG's resources. It has urged FERC to "take whatever actions are necessary" to see that NRG's plants do not cease to operate.
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