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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

NYSE&G Fumes over Big Rate Cut Order

LCG, Dec. 20, 2001--New York State Electric & Gas Corp. was dealt a $205 million a year blow yesterday by the New York State Public Service Commission, which ordered a temporary electricity rate reduction for all classes of customers, to take effect next month.

In a statement issued following an afternoon meeting in New York City, the utility said the commission's action was "not only unwarranted, but unlawful."

Ralph Tedesco, NYSE&G's president, said "New York State is reneging on a contract by arbitrarily reducing NYSE&G's electric delivery price on a temporary basis." He should be happy it isn't permanent.

The commission said in a statement that the cuts would amount to about 13 percent for residential and other customers and will remain in effect until regulators can come up with permanent rates.

The rate imbroglio has a long history. Early this year, the utility proposed a 5 percent rate reduction to take place next year that would be implemented as an extension of the commission's 1998 order deregulating electricity sales in the state.

By August, NYSE&G decided that was too generous and amended its request to 3 percent. That move set off a demand by large commercial and industrial customers that the commission reduce the utility's rates significantly and make them temporary until a permanent rate could be decided upon.

NYSE&G said it "will study the decision and take any necessary steps to appeal the PSC's unlawful action."

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