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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

FERC to Require Derivative Reporting

LCG, October 10, 2002The Federal Energy Regulatory Commission announced yesterday that certain companies in the electricity industry will be required to release annual reports on derivatives.

Earlier this year Californian officials asked legislators for disclosure of over-the-counter derivative trading, but the pre-Enron request was unsuccessful.

Now FERC has decided that public utilities and pipeline companies will be required to report their derivative values once a year. However, independent and affiliated power and natural gas companies will not be affected by the rule. FERC is still considering whether or not such companies will be allowed to avoid specific regulations.

The new reporting rule will be applied in 60 days.

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