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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

OTC Energy Derivatives Bill Introduced

LCG, July 12, 2002--Republicans and Democrats in the U.S. Senate have joined forces to introduce an over-the-counter energy derivatives trading bill.

Republicans Peter Fitzgerald, IL, and Richard Lugar, IN, and Democrats Dianne Feinstein, CA, Maria Cantwell, WA, and Tom Harkin, IA, introduced the bill yesterday in an effort to bring transparency to OTC energy derivatives trading.

Under this legislation, electronic exchanges would have to submit to reporting, disclosure, registration, and capital requirements. Previously online energy trading was not subject to regulatory oversight, according to the Commodity Futures Modernization Act of 2000.

Earlier this year Senator Feinstein had introduced a similar bill to increase transparency and provide oversight to OTC trades, but the bill was defeated. The new bill may see a better reception in the Senate, considering current federal trading investigations.

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