Start Trading CFDs Over 2,200 Different InstrumentsStart Trading CFDs Over 2,200 Different Instruments1 day2 daysPanasonic's upcoming 4-million-square-foot battery plant in Kansas will double the utility Evergy's load, requiring significant upgrades to infrastructure.
Documents show Evergy will have to keep a Lawrence coal-fired power plant online until 2028 to meet the new load at the EV battery plant that will be ramped up as production begins at the end of 2025/early 2026. The utility plans to transition from coal to natural gas by the decade's end. Despite the $4 billion cost of the factory, the Japanese company is"poised to get as much as $6.8 billion from provisions in last year's federal Inflation Reduction Act," the local paper said in July. The company is expected to receive over $8 billion in federal, state, and local incentives and support the plant in Johnson County.
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