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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

Federal Court Says SCE Plan Unlawful

LCG, September 24, 2002-Yesterday, a federal court found that an agreement between the CPUC and Southern California Edison (SCE) violated state law.

The California Public Utilities Commission and SCE have been working together since the California energy crisis in order to prevent the utility from falling into bankruptcy. Last year the two came to a settlement, which was approved in October by a federal district judge. The utility was given permission to use $3.3 billion in overcollections to offset its debts.

The U.S. Court of Appeals for the Ninth Circuit ruled on Monday that the agreement between the regulator and the utility was unlawful.

The Utility Reform Group brought the settlement into question on behalf of consumers, and the case will be heard by the California Supreme Court some months from now.

SCE has stated that its bankruptcy fears have been somewhat assuaged and reportedly has only $1.1 billion remaining to collect from ratepayers.

California's utilities suffered financial difficulty during the energy crisis of 2000/2001 because of discrepancies between the price of wholesale power and the allowed retail price. While Northern Californian utility PG&E declared bankruptcy, Southern California Edison managed to avoid this measure and is currently solvent.

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