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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

FERC’s 12 Percent Reserve Riles Some Californians

LCG, November 20, 2002In an effort to prevent future energy crises, FERC plans to instate a 12 percent reserve requirement, but some utilities say such a move will cost too much.

The Federal Energy Regulatory Commission is considering setting the state energy reserve level at 12 percent as part of a larger effort to prevent events like the California energy crisis of 2000/2001, which landed Northern California utility PG&E in bankruptcy court.

However, some Californian officials object to the proposed measure, saying that forcing utilities to buy extra electricity will result in higher costs, the opposite of the intended effect of preventing high costs.

The California Consumer Power and Conservation Financing Authority asserts that FERC has gone beyond its authority in considering such measures, while representatives from Southern California Edison find minimum reserves necessary but object to FERCs proposal.

Some officials feel that the Independent System Operator should take responsibility for keeping the lights on.

Naturally, utilities will object to any new rules limiting their flexibility; FERC will have to determine whether or not the reserve requirement will be worth its cost to the utilities.

FERC will consider and solidify the reserve issue, as well as other facets of market design, next year.

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