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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 Reports 2000/2001 Blackouts Were Unavoidable

LCG, March 28, 2002The Federal Energy Regulatory Commission reported that Californias electricity industry could not have provided enough energy to prevent blackouts during the energy crisis.

Wednesday, FERC released the report along with a second, larger document addressing market manipulation.

The report showed "no evidence that any of the generators withheld any material amounts of available power during the hours of the firm service interruptions."

Withholding capacity was only one of a stream of allegations aimed at power plant owners after Enrons "smoking gun" memos were found last year.

The California Public Utilities Commission made a filing with FERC more than seven months ago, alleging six companies withheld electricity capacity and therefore contributed to blackouts. CPUCs report was based on data from the California Independent System Operator (ISO), a not-for-profit grid manager responsible for reliability. These six companies were AES Corporation, Duke Energy Inc., Dynegy Inc., Mirant Corp., Williams Cos., and Reliant Resources Inc.

The ISO asserted that data used to compile the CPUC report may have been inaccurate or incorrectly interpreted but does believe that either physical or fiscal withholdings may have contributed to elevated electricity prices.

FERC has essentially closed the issue of withheld capacity leading to blackouts but has not stated its position on whether or not withholdings affected the price of wholesale electricity.

The full report can be found online at www.ferc.fed.us

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