PPL Corp. subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have received regulatory approval to retire 600 MW of coal generation and more than 50 MW of peaking units by 2027 and to replace them with cleaner energy.
In its unanimous decision, the Kentucky Public Service Commission (KPSC) authorized LG&E and KU to add 240 MW of company-owned solar, secure power purchase agreements for nearly 650 MW of additional solar, construct 125 MW of battery storage, implement more than a dozen new energy efficiency programs, and build one approximately 640 MW combined-cycle natural gas plant at its Mill Creek facility.
“We appreciate the KPSC’s comprehensive review of our generation replacement plan,” says PPL President and Chief Executive Officer Vincent Sorgi. “While the KPSC did not approve our entire request, which we believe offered the best and least-cost approach for our customers, the decision will ensure we can continue to reliably meet our customers’ future energy needs, further diversify our Kentucky generation, advance a cleaner energy mix and support the state’s continued growth and economic development.”
PPL says the level of expected investment is materially consistent with the originally proposed generation replacement plan, which projected $2.1 billion of investment overall, including $1.6 billion through 2026.
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Major Utilities’ Plans Include Large Complement of New Solar
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Allen covers the Trump administration’s bid to reopen Revolution Wind’s permit, a bipartisan Senate permitting deal, Nordex’s doubled third-quarter profit, and GE Vernova’s new wind chief.
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Have you ever wondered why every dictator in human history follows the exact same playbook? Check this outPlato nailed this 2400 years ago, and it’s been on “rinse/repeat” ever since.
On average, I meet perhaps 50 K-12 teachers each year, and I often ask them: What is the biggest challenge you face that impacts your ability to connect with and educate your students?
Here’s a rough tabulation:
Screen time, how it robs kids of their ability to pay attention, impedes social interaction, and makes parenting more difficult: 80%
Everything else combined: 20%
Maybe this is a cynical viewpoint, but it seems like that world of today revolves around the mega-corporations profiting by punishing their customers.
In this case, we have the tech giants ruining the lives of our children. Elsewhere, we have healthcare industry driving people into bankruptcy, Big Oil ruining our planet, the gun lobby murdering our kids, and, of course, an ultra-corrupt government looting our treasury to pay off billionaire donors.
Note that this wasn’t the case when we boomers were growing up 60 years ago. This is a distinctive shift from the 1960s when corporate America was focused on things like color TVs and the Ford Mustang.
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