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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

Coal Supply Refused to Huge Drax Plant

LCG, October 17, 2002-A coal supplier refused to deliver coal to the 4,000-megawatt British Drax plant because it had not paid its bill.

Supplier UK Coal Plc stopped coal service to Britain's largest power plant today because the AES Corporation, which owns the Drax plant, could not pay its $19 million coal bill. Earlier this week, TXU Europe, a subsidiary of the TXU Corporation of Texas, neglected to pay AES for $31 million worth of electricity.

The Drax plant, located in Yorkshire, England, consumes 25 percent of UK Coal's product.

The energy sector in Britain has fallen in step with its American counterparts, and many in industry are facing financial difficulties. Last month British Energy Plc, England's nuclear power source, narrowly avoided financial downfall and is currently using government assistance in order to stay in operation.

Meanwhile, TXU Europe has come up with the required cash to pay its AES bill and UK Coal may be paid as early as Friday. The Drax plant currently has enough coal for over 2 months, and plant officials are not overly concerned about potential impacts of the situation as yet.

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