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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

Florida PSC Approves Cost Recovery for New Nuclear Reactors

LCG, October 25, 2011--The Florida Public Service Commission (PSC) yesterday approved cost recovery for construction of nuclear reactors and additions to existing nuclear plants for Progress Energy Florida (PEF) and Florida Power & Light Company (FPL). The PSC approval of over $280 million provides for the utilities to begin recovering some nuclear project costs during the lengthy construction process in order to reduce financing costs.

For PEF, the PSC approved $85,951,036 cost recovery associated with construction of Levy Units 1 and 2, two, 1,100-MW nuclear reactors, plus capacity increases at its existing nuclear facility at Crystal River. When completed, these projects will add approximately 2,380 MW of new nuclear base load generation to PEF's system. The PSC states that the decision will saves PEF customers $500,000 in Project Management Costs for adding capacity to Crystal River Unit 3. The decision incorporates a stipulation that resolves whether PEF prudently managed its Unit 3 uprate license agreement.

The PSC approved $196,088,824 of cost recovery for FPL associated with (i) construction of Turkey Point Units 6 and 7 and (ii) adding capacity to existing Turkey Point Units 3 and 4 and St. Lucie Units 1 and 2. In total, FPL's projects will add over 2,600 MW of nuclear capacity. When combined with the PEF projects, Florida will gain about 5,000 MW of carbon-free, nuclear power when these plants commence commercial operations.
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