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Entergy Estimates Customer Savings of $5B from "Fair Share Plus" Data Center Agreements

LCG, March 6, 2026--Entergy yesterday announced approximately $5 billion in total savings for 2.3 million customers in Arkansas, Louisiana and Mississippi resulting from data center customer agreements in those states. Entergy, which completed its first data center customer agreement in 2024, projects the customer savings over the next 20 years and after the regulatory approval or acknowledgement of the public service commissions in those states.

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NRC Approves the Natrium® Reactor Construction Permit for TerraPower's Wyoming Nuclear Project

LCG, March 5, 2026--The Nuclear Regulatory Commission (NRC) announced yesterday that it has authorized the staff to issue TerraPower’s subsidiary, US SFR Owner, a construction permit for the company’s Kemmerer Power Station Unit 1 commercial nuclear power plant in Kemmerer, Wyoming.

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Industry News

CPV Valley Energy Center Commences Commercial Operation in New York

LCG, October 3, 2018--Competitive Power Ventures (CPV) Monday announced that the 680-MW CPV Valley Energy Center in Wawayanda, New York has achieved commercial operation. The new, gas-fired electric generating facility uses the Siemens F-class gas turbine technology. The project was managed by Competitive Power Ventures, Inc., and it was constructed by a joint venture consisting of Skanska USA Civil Northeast, Inc., Burns & McDonnell Engineering Company, Inc. and ECCO III Enterprises, Inc.

CPV's CEO stated, "I'm proud to announce the commercial operation on natural gas of the CPV Valley Energy Center. After nearly 10 years of development and construction, we are providing significant value to the area and New York. This facility will enhance the reliability of the Lower Hudson Valley electric system, reduce annual electricity costs to New York consumers by a forecasted $700 million while reducing carbon emissions by an estimated 500,000 tons a year. We look forward to being an integral part of the community for decades to come."

CPV's Valley Energy Center is a combined cycle power plant that includes two Siemens SGT6-5000F gas turbines, one SST-5000 steam turbine, and three SGen-1000A generators. The gas turbines and generators were manufactured at Siemens' Charlotte Energy Hub, the global base for the company's 60 Hz power generating equipment.

Siemens will service the plant's major components and parts through a long-term contract, and handle outage services, program management, engineering support, and remote diagnostics and monitoring. As part of its long tradition of working with CPV, Siemens' Financial Services division supported this project, providing $80 million of the total $540 million construction / term loan.
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