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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

SoCal Edison Proposes Discounts for Struggling Businesses

LCG, Apr. 9, 2004--The California Public utilities Commission received a plan last week put forth by Southern California Edison that would allow the utility to grant discounts to medium-sized businesses that are able to show poor financial health, in order that Edison could retain those businesses as viable customers of the utility.

The plan would provide discounts starting at 25 percent in the first year, and incrementally smaller discounts for each of the next four years, with changes of 5 percent per year. The likely impetus behind Edison's proposal is an interest in deterring its customers from using direct access, which allowed businesses to pursue wholesale deals with competing suppliers until the California energy crisis. Bills have been introduced in the Legislature that would restore the ability of large energy users to make such deals.

PUC Commissioner Loretta Lynch articulated a concern that, if implemented, such discounts as the plan proposes could result in a transfer of costs to smaller, mostly residential users of electricity. Lynch said that efforts should be made to bring lower rates to all customer classes. If industrial customers were to leave Southern California Edison due to direct access, it could also result in higher costs for residential utility customers who remain.
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