Item 8.01. Other Events

On December 15, 2022, Louisville Gas and Electric Company ("LG&E") and Kentucky Utilities Company ("KU" and, together with LG&E, the "Companies") filed an application with the Kentucky Public Service Commission ("KPSC") regarding certain future plans for replacement generation and energy efficiency matters.



The Companies submitted a joint application to the KPSC for approval of certain
certificates of convenience and necessity, site compatibility certificates,
declaratory orders, accounting or rate mechanism treatment and tariff changes,
where applicable, relating to a number of generation, power purchase and demand
side management-energy efficiency ("DSM-EE") tariff -related plans, projects or
programs that generally are expected to become operational or established within
the next five years. The aggregate costs of the various proposals are expected
to be approximately $2.1 billion. The filing includes proposals:

•to build a 621MW natural gas combined cycle ("NGCC") generation unit at LG&E's
Mill Creek station,
•to build a 621MW NGCC generation unit at KU's E.W. Brown station,
•to build a 120MW solar generation facility in Mercer County, Kentucky,
•to purchase a 120MW solar generation facility in Marion County, Kentucky, being
built by a third party,
•to build a four-hour 125MW (500MWh total) battery storage facility at KU's E.W.
Brown station,
•to enter into up to four non-firm energy-only power purchase agreements ("PPA")
for a total of 637MW of additional solar energy production in Kentucky, and
•for a proposed 2024-2030 DSM-EE Program Plan for electric and gas customers,
which includes approximately 14 new, adjusted or expanded programs.

The new NGCC and solar units would be jointly owned by LG&E and KU, in varying
respective percentages at each facility, the battery storage unit owned by LG&E,
and the proposed PPA transactions and DSM-EE programs would be entered into or
conducted jointly by LG&E and KU, consistent with the Companies' shared
dispatch, cost allocation, tariff or other frameworks.

The filing also notes planned retirement dates for certain of the Companies'
existing coal-fired generation units, including Mill Creek 1 (300MW) in 2024 and
E.W. Brown 3 (412MW) in 2028, and updates and advances the planned retirement
dates for Mill Creek 2 (297MW) to 2027 and Ghent 2 (486MW) to 2028.

The Companies cannot predict the outcome of the proceedings. The Companies have requested approval from the KPSC by October 1, 2023.

The KPSC proceedings are designated as Case No. 2022-00402.

Copies of PPL Corporation's and the Companies' respective press releases are filed as exhibits to this report.

Cautionary Statement on Forward-Looking Statements



Statements in this report regarding future events and their timing, including
statements as to future costs or expenses, regulation, corporate strategy and
performance, are "forward-looking statements" within the meaning of the federal
securities laws. Although the PPL Corporation and the Companies believe that the
expectations and assumptions reflected in these forward-looking statements are
reasonable, these

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expectations, assumptions and statements are subject to a number of risks and
uncertainties, and actual results may differ materially from the results
discussed in the statements. The following are among the important factors that
could cause actual results to differ materially from the forward-looking
statements: subsequent phases of rate proceedings and regulatory cost recovery;
market demand and prices for electricity and natural gas; political, regulatory
or economic conditions in states and regions where the Companies conduct
business; final negotiated terms and conditions in any prospective contracts and
the progress of actual construction, purchase or installation of assets or
operations. All forward-looking statements should be considered in light of
these important factors and in conjunction with PPL Corporation's and the
Companies' Form 10-K and other reports on file with the Securities and Exchange
Commission.

Item 9.01 Financial Statements and Exhibits



        (d)           Exhibits

                        99.1   -    Press Release dated December 15, 2022

of PPL Corporation.


                        99.2   -    Press Release dated December 15, 2022

of Louisville Gas and Electric Company


                                    and Kentucky Utilities Company.
                      104 -         Cover Page Interactive Data File (the

Cover Page Interactive Data File is


                                    embedded within the Inline XBRL document).

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