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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

Progress Energy Seeks Increase for Fuel Costs

LCG, June 9, 2003--While the base rates paid by North Carolina customers of Progress Energy Carolinas for electricity have remained stable for roughly a decade, the utility is seeking a rate increase based on its prior and future fuel costs.

The utility is seeking a 2.2 percent increase in overall revenues, or an increase of $53.6 million overall, based in part on the difference between what has been taken in and what it paid through March 31. As a pass-through charge, this component of the typical customer's electric bill is considered separately from the base rate. According to Progress, the typical customer would pay $1.53 more per month.
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