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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

Bonneville Will Cut Prices on Cal Power Contract

LCG, Dec. 17, 2001--The Bonneville Power Administration agreed last week to lower the prices of electricity it sold to the California Department of Water Resources under a contract negotiated last spring when the state was a desperate buyer in a seller's market.

The small contract, for 18 megawatts of power through April 31 of next year, was at the average rate of $55 per megawatt-hour, more than double the current price for power on the spot market. Bonneville will cut the price of the power to $29 per megawatt-hour.

The water agency has committed $43 billion on 56 long-term contracts, mostly extending 10 years into the future, but some running as long as 20 years. Intense pressure has been brought to bear on the CDWR by newspapers, the public and other state agencies to renegotiate the contracts, but few power sellers appear willing.

Calpine Corp., which has three contracts to sell the CDWR 2,500 megawatts of power for about $13 billion over 10 to 20 years at prices between $70 and $80 per megawatt hour, will me with the water agency seeking to find "something of value" in the deals, but said it "stands by" its contracts.

Only one other power producer admits to conversations with the CDWR. NRG Energy Inc. said Friday that he CDWR has approached the company about renegotiating a contract, but no commitments have been made. NRG chief executive Dave Peterson said the company would consider dropping its price to around $30 per megawatt-hour in exchange for an extension of the contract.

"We could give them price flexibility without affecting our position," he said.

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