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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

China Dismantles its Power Monopoly

LCG, April 16, 2002-Following official announcements over a month ago, last week the Chinese State Development Planning Commission declared that China State Power Corporation (CSPC) assets will be distributed to form new companies.

Four or five power companies, only one of which already exists, will acquire the CSPC assets. The Huaneng Power Corporation will evolve into an independent power company.

The Chinese power grid will be yielded to two new companies; Southern Power Grid Corporation will control Guangdong, Hainan, Yunnan Guizhou, and Guangxi provinces, and the State Power Grid Corporation will initiate five companies to supply north, northeast, northwest, east, and central areas, including Tibet, although it will continue to hold controlling shares of all five.

The new power companies will vie for contracts from the grid operators, and assets will be up for sale once the reforms are launched. The State Development Planning Commission hopes that a fair market will develop from such reforms, and also asserts that companies will receive a lot of incentives for clean power generation.

An independent organization will also be created to monitor the new market.

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