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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

Philly Gas Works Proposes 20 Percent Rate Cut

LCG, Aug. 17, 2001--The Philadelphia Gas Works yesterday filed a proposal with the Pennsylvania Public Utility Commission that would reduce rates to its more than 520,000 residential, commercial and industrial customers by as much as $171 million, or 20 percent.

Natural gas prices have been dropping after reaching all-time highs during the past winter, and the Philly Gas Works wants to share the savings with its customers, without being told to do so.

"We're delighted that we were able to come to this agreement that enables PGW to return thesesavings to our customers as soon as possible," said Craig White, a senior vice president and the municipal utility's interim chief operating officer.

The Philly Gas Works uses the word "interim" a lot in its job titles.

The rate proposal calls for two cuts that would total 20 percent. On September 1, a 16 percent, or $135 million cut in the so-called "gas cost rate" would result in a $19 per month savings on the typical residential home heating customer's bill. Then on December 1, an additional $6 per month reduction amounting to $36 million is anticipated.

White says the proposal also sets up rules for the Philly Gas Works to continually review and update natural gas prices for the remainder of the year. "We're watching natural gas costs very carefully and if their downward trend continues we'll be able to reflect those reductions in our rates," he said.

Somehow, the Philly Gas Works has been providing natural gas service to the City of Brotherly Love for more than 165 years.

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