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Stock impact report

Wärtsilä to provide critical balancing capability for new Kentucky power plant [Yahoo! Finance]

WARTSILA CORP UNSP/ADR (WRTBY) 
NASDAQ:AMEX Investor Relations: wartsila.com/investors/investor-relations
Company Research Source: Yahoo! Finance
the engineering and equipment for a new power plant project to be installed in Madisonville, Kentucky, USA. The order has been placed by Kentucky Municipal Energy Agency (KYMEA) and was booked by Wärtsilä in Q3, 2024. When commissioned, the plant will provide the grid balancing capabilities necessary to allow the utility to increase its share of energy from renewable sources. The power plant will also protect KYMEA's members from price volatility in electricity markets. The KYMEA Energy Center I is a natural gas electric generating facility. The 75 MW plant will operate with four Wärtsilä 50SG engines running on natural gas. The fast starting and stopping feature of the engines will provide the flexibility and rapid response to fluctuations in the availability of wind and solar power. “The technology employed by the new KYMEA Energy Center I allows the units to seamlessly integrate with KYMEA's renewable energy portfolio. The Wärtsilä engines will ensure that we can maintain a con Show less Read more
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