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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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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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Industry News

Hearings Begin for Duke's New Coal-fired Units at Cliffside

LCG, January 18, 2007--The North Carolina Utilities Commission yesterday began a three-day hearing regarding Duke Energy Corp.'s plans to construct two coal-fired units at the Cliffside Steam Station. The hearing resulted from Duke's notifying the Commission that its cost estimate for the two, 800-MW units had increased from $2 billion to $3 billion.

In testimony provided yesterday, Duke witnesses further explained that the $3 billion cost excluded finance costs and that the total cost would be even higher.

The issues to be addressed by the Commission at the hearing are the accuracy of project cost estimate and whether the proposed project is the most economically feasible alternative. Duke anticipates a Commission decision by March. The first unit is scheduled to commence operations in 2011.

Duke originally filed its application with the Commission in May 2005 for a "Certificate of Public Convenience and Necessity" (CPCN) to expand and upgrade the Cliffside Steam Station, located in Rutherford and Cleveland counties, North Carolina.

In October 2006, Duke filed the revised, $3 billion estimate with the Commission on a confidential basis. In November 2006, the $3 billion cost estimate was released in response to pressure from opponents that were aware of Duke's filing a confidential cost update with the North Carolina Utilities Commission. The cost increase was driven by new, firm price quotes for major components of the planned facility.

The Commission had planned to rule on the CPCN for the new coal units by the end of 2006. With the roughly fifty percent increase in the estimated cost, the Commission scheduled the current hearing.
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