PPL CorporationPPL is advancing clean energy strategy through nuclear SMR and pumped-storage partnerships, supporting rising electricity demand and growth.
PPL Corporation is advancing its clean energy strategy through partnerships focused on carbon-free generation and energy storage. Its regulated utilities, Louisville Gas and Electric Company and Kentucky Utilities Company, are collaborating with X-energy to evaluate deploying Xe-100 small modular reactors in Kentucky, and with Rye Development to explore the 266 megawatt Lewis Ridge Pumped Storage Project, which could begin operating around 2031. These initiatives aim to support rising electricity demand, strengthen grid reliability, and create long-term growth opportunities while advancing decarbonization objectives. PPL's debt-to-capital ratio stands at 57.40%, below the electric power industry's 60.97%, and its shares have risen 3.3% in the past month versus the industry's 2.2% growth. The Zacks Consensus Estimate projects year-over-year earnings per share increases of 7.73% for 2026 and 8.13% for 2027.
PPL CorporationPPL is advancing clean energy strategy through nuclear SMR and pumped-storage partnerships, supporting rising electricity demand and growth.
X-Energy, Inc. Class A Common StockX-energy is selected as partner for potential deployment of Xe-100 SMRs in Kentucky, indicating demand for its reactor technology.
Duke Energy Corporation
Nextera Energy IncRye Development is partnering with PPL to explore the Lewis Ridge Pumped Storage Project, indicating demand for its development services.
Kentucky Utilities is collaborating on nuclear SMR and pumped-storage projects as part of PPL's clean energy strategy.
Louisville Gas and Electric is collaborating on nuclear SMR and pumped-storage projects as part of PPL's clean energy strategy.