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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

Transmission Access to Continue to Favor Utilities

LCG, Nov. 4, 2003--Legislators in Congress who are concerned about the Federal Energy Regulatory Commission's plan for large regional electricity markets have effectively prevented the agency from doing away with utilities' preferential access to transmission lines.

Sen. Pete Domenici has reportedly been told by Senators from the South that their vote on an energy bill would depend on utilities having the ability to secure transmission access before other entities, such as merchant energy suppliers. Utilities such as Southern Co., which serves customers in the Southeast, want to bear the cost of transmission expansion only to the extent that it is necessary to serve their customers, not for the benefit of other energy suppliers. As electricity flows cannot be strictly controlled, determining who derives benefits from transmission lines is a complicated exercise.

Domenici, who has made his skeptical view of FERC's Standard Market Design clear for some time, intends to block its implementation until 2007. FERC believes that greater centralization of authority for grid operation and investment decisions is necessary to cut through the institutional friction inherent in many local entities overseeing small parts of a larger system.

In the Northwest, the Bonneville Power Administration, which was created by the federal government to be a low-cost supplier of electricity, also is wary of a greater role for FERC in administering its market. It wants to avoid rate increases in its region caused by higher prices in California, or wherever power demand puts pressure on supplies. Pat Wood III, the chairman of FERC, says that the regionally concentrated opposition shows that these utilities believe their strategic positions are at stake. The agency has revised upward the number of regional transmission organizations, which coordinate operations in a given market area, it might be willing to accept.
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