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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

California Solar Initiative Approved by CPUC

LCG, January 13, 2006--The California Public Utilities Commission (CPUC) yesterday approved the California Solar Initiative (CSI), a program designed to provide approximately $2.8 billion in incentives to spur solar development over the period from 2006 through 2016. The goal is to develop approximately 3,000 MW of electric generating capacity utilizing solar energy.

The CSI includes incentives for customers to develop photovoltaics (PV) and solar thermal electric projects under 1 MW capacity. The initial PV incentive levels will be set at $2.80 per watt effective Jan. 1, 2006 and will be reduced by about 10 percent per year. The incentive levels for solar thermal electric projects and solar heating and cooling will be determined later this year.

The CPUC will oversee a $2.5 billion program for commercial and existing residential customers that is funded by revenues collected through gas and electric utility distribution rates. The CPUC estimates that the average cost to a residential electric customer will be approximately $12 per year and that the average residential natural gas cost will be $1.40 per year.

The California Energy Commission (CEC) will manage $350 million targeted for new residential building construction. The CEC funds have previously been allocated to the CEC to encourage renewable projects between 2007 and 2011. Existing solar programs, such as the CPUC's Self-Generation Incentive Program and the CEC's Emerging Renewables Program, will be transferred into the CSI by the end of this year.

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