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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

Duke Affiliate Settles Charges of False Reporting

LCG, Sept. 17, 2003--Duke Energy Trading & Marketing, an affiliate of Duke Energy Corp., was issued an order by the Commodity Futures Trading Commission to pay $28 million, based on the agency's findings that the affiliate had knowingly reported false trading information to publishers of natural gas transactions, charges that the company neither admitted nor denied.

The CFTC stated that price and volume information was falsified in cash-based transactions, some of which did not in fact take place. The regulatory agency also concluded that reporting by Duke Energy Trading & Marketing could have had an effect on prices of natural gas futures contracts traded on the New York Mercantile Exchange. The time during which the reporting was to have taken place is January 2000 through August 2002, through the Houston office.

The $28 million consitutes a civil penalty, and is linked with a pledge by Duke of cooperation in further fact-finding by the CFTC.
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