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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

MISO Ready to Open New Electricity Markets

LCG, February 17, 2005--The Midwest Independent Transmission System Operator (Midwest ISO) yesterday announced that it has filed Certificates of Operational and OrganizationalReadiness with the Federal Energy Regulatory Commission (FERC), signaling that it is ready and prepared to commence operations of the new markets on April 1.

In August 2004, the FERC conditionally accepted the Midwest ISO's proposed Open Access Transmission and Energy Markets Tariff (TEMT), with one of the conditions that the Midwest ISO certify its market readiness. The Midwest markets were initially scheduled to be launched on March 1, 2005; however, on January 27, the ISO announced the one-month delay, which was stated to be in response to stakeholder requests.

The new market design includes Day-Ahead and Real-Time energy markets, with centralized, security-constrained, economic dispatch and locational marginal pricing (LMP) similar to that used in northeastern markets, such as PJM, New York ISO and ISO New England.

The Midwest ISO service territory extends from eastern Montana through the upper Midwest - including Manitoba - and south to parts of Kentucky and Missouri. With the implementation of the TEMT, the FERC's Standard Market Design, with LMP-based pricing, will generally be in use throughout the northern half of the Eastern Interconnect.

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