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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

Minnesota Governor Authorizes 25x25 Renewable Energy Plan

LCG, February 23, 2007--Minnesota Governor Tim Pawlenty yesterday signed legislation intended to boost the use of renewable energy supplies in the state. Electric utilities, including municipal power entities, are to use renewable energy to supply 25% of retail electric sales to customers in Minnesota.

The bill was overwhelmingly approved recently by first the Senate and then the House by votes of 61-4 and 123-10, respectively.

On the path toward achieving 25% renewables by the year 2025, the new law includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The largest electric utility, Xcel Energy Inc., has a higher goal of 30% by 2020.

The new law includes provisions to develop a renewable energy credit trading system that would allow utilities to trade in order to achieve renewable goals. Financial penalties may also be assessed if goals are not met. Furthermore, the law allows for the Minnesota Public Utilities Commission to defer or change the schedule if it is in the public interest.

Renewable supply resources include wind, hydroelectric, solar, biomass and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.
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