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Oglethorpe Power Announces Selection of Kiewit Subsidiary as EPC Partner for New 1,425-MW Combined-cycle Facility in Georgia

LCG, January 13, 2026--Oglethorpe Power today announced it has selected Kiewit Corporation through its subsidiary, The Industrial Company (TIC), as the Engineering, Procurement and Construction (EPC) partner for its new combined-cycle (CC), natural gas-fired power plant in Monroe County, Georgia. The new, 1,425-MW facility represents a capital investment of more than $3 billion. Commercial operation of the new generation capacity is planned to commence in 2029.

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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Industry News

New British Power Trading Arrangements Delayed - Again

LCG, Oct. 30, 2000--The British Office of Gas and Electricity Markets said on Friday that it had once more postponed the opening of "new electricity trading arrangements" because of technical problems.

The phrase "new electricity trading arrangements," meant at first to describe an unnamed plan that was to have been introduced this month, has become the de facto name for the scheme. Ofgem and others have taken to using the acronym "Neta."

The postponement is the third delay for the program, which is supposed to lower residential electricity bills by as much as 10 percent. In May, Ofgem conceded that difficulties putting together complex information technology systems would delay the opening of Neta until November 21. Earlier this month, that date was pushed back to January 30.

Now, Ofgem says it is working to get Neta up and running on March 27 of next year, but market participants are now taking a wait and see position. One trader told the Financial Times "A lot of people in the market think this could continue to roll through until after the election and probably into the summer."

The way the program is being set up, private companies such as traders and generators have been spot market and futures trading systems while Ofgem has been developing balancing systems that will match power supply with demand. No one knows yet whether the two sets of systems will talk to each other.

So far, Ofgem is estimated to have spent about 90 million ($129 million U.S.) on getting Neta ready. The program is said to have cost private market participants as much as 10 million ($14.3 million) each.

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