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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

Operations Begin at TVA's John Sevier Combined Cycle Plant

LCG, May 2, 2012--Commercial operations of the Tennessee Valley Authority (TVA) John Sevier Combined Cycle Plant commenced on April 30. The project was completed a month ahead of schedule and at a cost approximately $30 less than budgeted.

The new electric generating facility is located about 50 miles northeast of Knoxville, Tennessee at an existing TVA site with coal-fired units. At the end of 2012, two of four coal-fired units are scheduled to be retired, and the remaining two will be idled.

The new gas-fired facility incorporates a three-on-one design (three gas combustion turbines, along with one steam turbine) that provides a total generating capacity of 880 MW. The gas-fired plant will have a staff of about 30 employees.

The John Sevier Combined Cycle Plant is the fifth combined cycle site for TVA. The addition of a gas-fired power plant at an existing coal plant targeted for retirement is becoming more and more prevalent, as sites with existing infrastructure are leveraged for future use while coal units transition toward retirement.

In January, TVA completed a lease-purchase transaction to provide $1 billion in financing to support TVA?s vision of national leadership in low-cost, cleaner energy by 2020. TVA will lease the John Sevier Combined Cycle Plant to a limited liability company, for which it will receive $1 billion in proceeds. TVA will now lease it back over 30 years.
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