EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Settlement Reached Between Ontario, Coral

LCG, Feb. 24, 2003--Coral Energy has paid C$1.6 million ($1.07 million) to Ontario's Independent Electricity Market Operator (IMO), while making "no admission of a breach of the market rules," according to the IMO website.

The settlement marks the largest such voluntary payment by an energy trader to the IMO. Neither Coral Energy nor IMO spokesmen would provide any information about what transactions were related to the settlement. According to Jimmy Fox, a Houston-based spokesman for Coral, the company did not gain financially from its trades, and did not manipulate the market.

The IMO coordinates the balance of demand and supply based on its monitoring of trades. It has investigated 106 trades that failed before execution during last summer, and has ceased looking into 41 of them. At least double the number of trades being investigated failed shortly after Ontario's retail market was deregulated. Retail price caps were imposed following price increases under deregulation that brought political pressure to bear on the government. The caps are due to expire in three years.

Critics of the return to regulation say that the move discourages investment in new generation, and will lead to a supply shortage and the need for Ontario to buy imported electricity at higher prices. The CEO of Atco Power, Nancy Southern, said last year that strong transmission links to the United States could enable new Ontario-based plants to export power profitably across the border.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service