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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

Virginia Begins Hearings on Dominion Restructuring

LCG, Oct. 12, 2001--The Virginia State Corporation Commission began hearings yesterday to decide whether to allow Dominion Resources Inc. to create an unregulated electric generation company, separate from its from Virginia Electric & Power Co. subsidiary.

Dominion wants the separate power producer in place when electricity deregulation takes effect in the Old Dominion on January 1.

Dominion Resources, which is already a holding company, favors a complete "legal separation" of its entities, which would create a new company called Dominion Generation, into which it would transfer generating assets belonging to Virginia Power.

That's the "cleanest, safest, easiest to monitor and the most effective way" to accomplish its goals, James C. Roberts, the company's lawyer, told the commission.

Dominion Generation would do business as a power wholesaler throughout the U.S. Mid-Atlantic region, and would be regulated by the Federal Energy Regulatory Commission rather than by Virginia.

The commission staff prefers a less complete separation that would keep the power producing assets under its regulatory oversight.

The commission will conduct several days of hearings with testimony expected from at least 15 parties. Included among them are alternative energy providers who are concerned that Dominion would restructure its power producing costs in a way that would make it impossible for them to compete with the entrenched company.

Some consumer advocates have expressed concern over "cost shifting" -- the possibility that Dominion would, when unbundling its retail electric rates, assign some generation costs to distribution in order to keep its wholesale rates below market values.

One member of the commission staff recommended caution. "This is not the time to take sweeping and irremediable actions," William Chambliss said.

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