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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

NRG Announces Plans for New Nuclear Reactors in Texas

LCG, June 22, 2006--NRG Energy, Inc. (NRG) announced yesterday plans to develop approximately 10,500 MW of new electric generating capacity in the United States, including 2,700 MW of new nuclear capacity. The plan would be implemented over the next ten years and would require a total estimated investment of $16 billion.

The plan calls for the construction of two nuclear reactors at the existing South Texas Project (STP) nuclear facility. NRG filed a letter of intent with the Nuclear Regulatory Commission on June 19 to add 2,700 MW of nuclear generating capacity. NRG's estimated construction cost for Units 3 and 4 is $5.2 billion, and operations for the two units are scheduled to commence in 2014 and 1015.

NRG's nuclear plans are based upon General Electric Company's Advanced Boiling Water Reactor (ABWR) nuclear power plant technology, which has been licensed in the United States, Japan and Taiwan. NRG stated that it intends to work with GE and Hitachi,(which has been involved in developing and constructing four ABWR plants in operation in Japan) to construct the nuclear power plants.

NRG's overall development plan calls for nearly 8,000 MW of new baseload capacity and 2,500 MW of new, highly efficient intermediate and peaking capacity. The new baseload capacity includes three coal-fired plants in the Northeast that will employ an advanced, Integrated Gasification Combined Cycle (IGCC) design. One of NRG's underlying strategies embedded in its plan is to add capacity adjacent to existing generating units to leverage existing infrastructure and generally minimize both incremental environmental impacts and costs.

NRG stated that the investments in new capacity will be underpinned by long term off-take contracts and hedges that support non-recourse project financing, together with third party equity partners and the Company's existing cash flows.

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