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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

Transcripts Suggest Top Enron Execs Knew of Market Manipulation

LCG, May 18, 2004--A former executive at Enron Corp. for regulatory affairs spoke with an energy trader in a way suggesting that Enron's chief executive Jeffrey Skilling and chairman Kenneth Lay were informed of manipulative power trading strategies involving purchases by California buyers, according to a transcript obtained by the Justice Department.

The routine transcript shows that the director of California regulatory affairs, Susan Mara, asked a trader during Sept. 14, 2000, "Do you know when you started overscheduling load and making buckets of money on that?" A trader involved in overscheduling could have made it appear that no more power could flow on a transmission line into California, creating the illusion that power shortages existed. The transcript, which was released by a municipal utility in Washington state, also quotes Mara as saying, "This is the time of year when government affairs has to prove how valuable it is to Ken Lay and Jeff Skilling."

The former chief of West Coast power trading, Timothy Belden, is found in another transcript saying of a power trader, "Well he makes... between one and two [million] a day, which never shows up on any curve shift... He steals money from California to the tune of about a million -". A request by another speaker to Belden to modify what has been said leads Belden to articulate, "He, um, he arbitrages the California market to the tune of a million bucks or two a day."

Belden has pleaded guilty to conspiracy charges, and is aiding federal authorities in their investigation. Belden's attorney told the Los Angeles Times that the meaning of the conversation in the transcript could not be gleaned without knowledge of the rest of the exchange.
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