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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

California PUC Postpones Rate Decision

LCG, Feb. 9, 2002--The California Public Utilities Commission will delay a decision on charges to be assessed to repay the Department of Water Resources for electricity purchases.

The DWR paid for electricity purchases in the state last year when suppliers would no longer sell to the state's utilities, which experienced wholesale power costs well in excess of what they could charge customers. The commissioner Carl Wood asked that additional time could be allowed to consider an alternative to the proposed plan to assess charges evenly within customer classes in all parts of the state.

This allocation of costs, known as the "postage stamp" method, criticized by San Diego Gas & Electric because the utility had lower rates than Pacific Gas and Electric and Southern California Edison, and required less in the way of state purchases as a result. The company and a group of its customers is advocating that the PUC vote in favor of charges based on the cost to DWR of supplying the different service territories.

The postage stamp method is favored by the Utility Consumer Action Network in San Diego and The Utility Reform Network, based in San Francisco. Mindy Spatt of TURN said, "these aren't typical utility cots because the power was purchased for the benefit of everyone in the entire state."

San Diego Gas & Electric spokesman Ed Van Heric hopes that the PUC's delay, which he called "a cause for optimism," will end with a ruling for cost-based allocation on Feb. 21.
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