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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

CA Attorney General Says Gaming of Power Market Still Possible

LCG, Apr. 13, 2004--Market manipulation of "epidemic" severity is still a possibility in California's power market, the state's attorney general Bill Lockyer maintains in a newly released report.

"The incentives to game the market and create disruption appear, for the most part, to remain in place," the report states. According to the findings in the report, neither the state nor the Federal Energy Regulatory Commission has put in place policies that will effectively deter attempts at manipulation.

The report criticizes a rule established by the FERC that restricts requests for refunds to sixty days after the occurrence of alleged overcharges and the filing of a complaint. The FERC did not recognize as eligible the state's claims that manipulation had occurred between May 2000 up to October 2000, based on the rule. In the report, it is argued that refund requests be considered without the waiting period.

Poor relations between the FERC and California officials do not show any signs of dying down. Bryan Lee, a FERC spokesman, called the attorney general's report "a cheap political stunt" in which California paid scant attention to its own poor job of market design.
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