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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

EU to Increase Funding for Fuel Cell Research

LCG, October 10, 2002European Union members announced today their intentions to increase funding to hydrogen fuel cell research, and formed a new partnership of 17 European auto and energy companies for the purpose of investigating this technology.

Hydrogen fuel cells operate by combining hydrogen gas and oxygen to form water. This reaction creates a significant amount of heat energy which can be converted to electricity. Hydrogen atoms must be separated from hydrocarbons in order to be used in the reaction. This process requires energy. Therefore, the advantage of fuel cells is that they can provide electricity for a machine, such as an automobile, without providing harmful emissions, but electricity must be produced to create the fuel first.

The EU Commission neglected to put numbers to the new funding, but the 17 companies, including Royal Dutch/Shell, DaimlerChrysler, and Renault, expect to bring research spending up to the United States level. The U.S. spends three times as much on fuel cell research than all EU countries combined, while Japan spends four times as much as the EU.

An EU panel will be appointed in the near future to report on fuel cell prospects by next year.

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