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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

Ontario Scales Back Agreement with Korean Consortium to Develop Renewables

LCG, June 21, 2013--The Ontario government has renegotiated the province's Green Energy Investment Agreement (GEIA) with the Korean Consortium, which includes Samsung C&T Corporation, and reduced the planned investment in solar and wind energy development.

The revised GEIA reduces the total commitment for renewable energy projects from 2,500 MW to 1,369 MW, which equates to an estimated C$3.7 billion reduction in contract cost, or about $24 per year for the average residential consumer, according to the Ministry of Energy.

In an effort to increase local engagement, the Korean Consortium will be required to obtain municipal council support resolutions for all new renewable energy projects.

In January 2010, Ontario announced that it signed an agreement with a Korean consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), to work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and to export to the United States.

Construction of the first wind farm associated with the GEIA, the 270-MW South Kent Wind Project, was announced in late March of this year. The South Kent Wind project stimulates the Ontario wind energy supply chain and includes 124 Siemens 2.3-MW turbines manufactured in the province, plus towers from facilities in Windsor, and blades from Tillsonburg.


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