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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

Duke Energy Receives Approval for New Proposal at Asheville Power Plant

LCG, March 1, 2016--Duke Energy Progress announced yesterday that it has received approval from the North Carolina Utilities Commission (NCUC) to make significant changes at its Asheville Plant. The agreement calls for the utility to build two, 280-MW combined cycle power blocks to replace the 376-MW coal plant, which will be retired by 2020. Construction of the natural gas-fired combined-cycle electric generating facilities is scheduled to commence this year and be in service by late 2019. The project is estimated to cost approximately $1 billion.

The retirement of the two coal units built over 50 years ago and the addition of the new gas-fired facilities will significantly reduce the environmental impacts associated with power generated at the site.

Duke Energy's North Carolina president stated, "We appreciate the North Carolina Utilities Commission's thorough consideration and decision on our Western Carolinas Modernization Project. We are fully committed to creating a smarter and cleaner energy future for the region."

Duke will also be pursuing a number of other activities related to the agreement. First, Duke will closely monitor collective progress toward reducing daily and peak power demand and will file annual updates on the progress to reduce peak load growth. If these efforts are successful, Duke Energy Progress will delay or cancel plans to file a future Certificate of Public Convenience and Necessity (CPCN) application for the commercial operation of a 186-MW simple-cycle facility at the site.

Second, Duke will file a future CPCN application to seek approval for a minimum of 15 MW of new solar generation over the next seven years after the Asheville coal units have been decommissioned and coal ash excavation is completed.

Third, the company will seek approval to install a minimum of 5 MW of utility-scale electricity storage over the next seven years.

The previous plan announced last May by Duke was founded upon building one, 650-MW combined cycle plant.
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