AEP's Kentucky Power seeks approval for 760-MW gas plant to serve TeraWulf data campus
AEP•
AEP•Kentucky Power sought regulatory approval for a 760-MW natural gas plant in Louisa to serve TeraWulf's data campus, which could require up to 1 GW of phased demand by 2029. The proposal includes more than $500 million in fixed-cost offsets and $100 million in residential winter credits over 10 years starting in 2029.
Kentucky Power sought Kentucky regulatory clearance for a 760-MW combined-cycle natural gas plant at Big Sandy in Louisa. A proposed EastPark substation would support TeraWulf's Muskie Data Campus, targeting up to 1 GW of phased demand by 2029; TeraWulf would pay estimated plant construction financing costs and applicable service charges.
The proposal includes more than $500 million in fixed-cost offsets and $100 million in residential winter credits over 10 years starting in 2029. Regulatory decisions on the proposed generation and transmission infrastructure could come as early as mid-2027.