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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

Texas PUC Approves Rate Increases for Fuel

LCG, Aug. 23, 2002--Texas' Public Utility Commission today allowed major retail power sellers in the state to increase their rates, based on higher natural gas prices.

The amount of the average increase for a customer of TXU Corp., Reliant Resources Inc. or American Electric Power Co. will be $4 a month, according to a company spokesman, Chris Schein. The rate cases cited higher natural gas costs incurred by the companies. While retail power rates in Texas are largely fixed until 2006, the fuel component is allowed to trigger rate increases up to twice annually, based on rules governing deregulation in the state.

When the rate increase was first sought, the Public Utility Commission did not immediately consider the applications by the three utilities. Two weeks ago, however, a judge issued an injunctive order to permit an increase unless the PUC found the case was not justified.
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