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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

Out-of-State Bidding Rule Potentially Harmful, CA ISO Says

LCG, May 28, 2003--A rule that allows only real-time energy bids of zero by non-California generators could unnecessarily restrict power supplies during the summer, according to a filing made with the Federal Energy Regulatory Commission by the California Independent System Operator.

The restriction was put in place to avoid the possibility of power being sold out-of-state, potentially leading to higher-cost purchases by California from out-of-state generators. It was to have ended with the introduction of new software to be used by the ISO, with the FERC's approval. Now, the software is expected to arrive later than planned, by fall of this year.

The grid operator still wants generators to be able to bid more than zero, which would allow them to keep from incurring operating costs greater than the market clearing price when their bids are selected. Even if allowed to bid more, those generators would not be able to set the market clearing price. The ISO said in its filing that out-of-state generators' bids into the real-time energy market are reduced from what they had been before the rule was put in place.
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