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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

Timing of Mass. Electric Refunds in Dispute

LCG, Feb. 6, 2002--Massachusetts Electric and the state of Massachusetts' Department of Telecommunications and Energy are in disagreement over the terms under which the utility will provide 1.3 million customers with a refund resulting from outages last summer.

In October, Mass. Electric submitted documents that would have put off any refund until 2009, because of its high performance in 2000. According to Mass. Electric, the DTE had imposed rules concerning refunds owed for performance reasons retroactively. Its filing would reduce the amount of refunds due by $3.7 million for a "service quality" plan that was part of a merger between the utility and Eastern Edison.

The DTE has resisted the idea that the refund be affected by prior performance. Attorney General Thomas F. Reilly and the state Division of Energy Resources have said that the October filing, if approved, would provide an incentive to improve performance, however. Reilly has sought $22.5 million in immediate penalties from NStar Electric, which has said that the rules have been implemented retroactively back to 1999. The state's performance-based rates were put in place in the summer of 2001.A spokeswoman for Reilly, Sarah Nathan, said the NStar fine was based on "a clear difference in the performance levels of the two companies. The consumers that we've received complaints from a re all NStar customers."

Legal filings relating to Mass. Electric are expected to be completed by Feb. 18. Mass. Electric's senior vice president of distribution finance, Robert H. McLaren, foresees a DTE ruling on the matter within two months.
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