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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

Market Manipulation Lawsuit Thrown Out

LCG, January 8, 2003--A U.S. District Court judge dismissed a lawsuit brought by Snohomish County Public Utility District against eight energy companies.

Judge Robert Whaley of the U.S. District Court of Southern California stated that the case brought forth by the Snohomish PUD should be handled by the Federal Energy Regulatory Commission because of the potential effects of a ruling in the case.

Snohomish PUD alleges that several companies intentionally worked together to manipulate the electricity market in order to inflate electricity prices. Those companies named in the suit are Reliant Resources, Inc., PG&E Energy Trading, Duke Energy Corp., Sempra, Mirant Corp., Powerex, Xcel Energy, Inc., and Williams Cos.

Judge Whaley decided that FERC should be responsible for the lawsuit because the issues involved are under the authority of FERC.

Snohomish PUD intends to appeal the decision with the Ninth Circuit. The utility district is also waiting on complaints that it filed with FERC.

Snohomish PUD is also participating in settlement talks with American Electric Power Company regarding an energy contract.

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