PPL's LG&E And KU Expand Collaboration With U.S. DOE Initiative To Conduct Nuclear Feasibility Study
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation's subsidiaries, Louisville Gas and Electric Company and Kentucky Utilities Company, are expanding their collaboration with the U.S. Department of Energy to conduct a nuclear feasibility study. This research, funded by a DOE grant, aims to assess the feasibility of new nuclear technology at company sites in Kentucky.
June 26, 2024 | 2:32 pm
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PPL Corporation's subsidiaries are expanding their collaboration with the U.S. DOE to conduct a nuclear feasibility study, which could lead to the adoption of new nuclear technology at their sites in Kentucky.
The collaboration with the U.S. DOE and the focus on nuclear feasibility could position PPL Corporation as a leader in zero-carbon energy solutions. This initiative aligns with the growing demand for sustainable energy and could positively impact PPL's stock price in the short term.
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