EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

California DWR May Void Sempra Contract, It Says

LCG, Apr. 4, 2002--The California Department of Water Resources has said it may void a $7 billion contract with Sempra Energy because Sempra has not built a 300-megawatt power plant.

According to the DWR spokesman Oscar Hidalgo, Sempra had promised to build the Elk Hills power plant near Bakersfield as part of its deal with the state signed last year. The contract sets the price at which DWR buys power at $160 per megawatt-hour, whereas spot prices are now typically at $30.

Sempra has said that it is proceeding with construction on a more efficient plant than was originally planned at Elk Hills as well as new plants in Mexico and Arizona, but that the contract had not included a requirement concerning Elk Hills. The new Elk Hills plant should be operational by next year. For the moment, Sempra intends to buy power on the open market as DWR traders do, and resell it to DWR. Sempra cites the cost of building a plant as being greater than simply buying power.

The DWR's energy traders insist that "commercially reasonable" progress must be made on Elk Hills within 60 days if they are to honor the contract. Traders with the DWR have cancelled a much smaller, $35 million contract with Soledad Energy because of deliveries of only 20 to 30 percent of the 13 megawatts purchased.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service