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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

Eight Utilities Propose Energy Efficiency Investments to Reduce Carbon Emissions

LCG, September 28, 2007--Eight major electric utilities are proposing energy efficiency as a means to reduce future carbon (and other) emissions while serving customers. Duke, Con Edison, Edison International, Great Plains Energy, Pepco Holdings Inc., PNM Resources, Sierra Pacific Resources and Xcel Energy yesterday announced a proposal to increase their investment in energy efficiency by $500 million per year to $1.5 billion if they can achieve regulatory changes to encourage conservation.

Jim Rogers, chairman, president and chief executive officer of Duke Energy stated, "There has been a chronic underinvestment in energy efficiency in our country. We are determined to fix that, by creating the innovative regulatory frameworks that leverage technology to address climate change, reduce power demand and keep our customers' power bills as low as possible."

Collectively, the eight utilities serve almost 20 million customers in twenty-two states. Together, they plan to invest approximately $1 billion annually over the next 3 years and about $1.5 billion annually in years four through ten, with an expectation to reduce carbon dioxide emissions approximately 30 million tons annually in the latter years. The utilities propose to work collaboratively with policymakers and other stakeholders to overcome regulatory barriers that may discourage utility investment in energy efficiency today.

The eight utilities, along with the Edison Electric Institute, also plan to create a new organization, the Institute for Electric Efficiency (IEE), that will promote the sharing of information, ideas and experiences on effective means of delivering energy efficiency.
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