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Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

LCG, January 15, 2026--Origis Energy today announced that Meta and the company signed a long-term power purchase agreement (PPA) for the 240-MW (303-MWdc) Greyhound A Solar project in West Odessa, Texas. The Greyhound A Solar project is scheduled to achieve commercial operations by mid-2026.

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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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Industry News

Additional Rate Increase Possible from BPA

LCG, Jan. 31, 2003--Despite rate increases scheduled to reach 50 percent within months, the Bonneville Power Administration, the federal agency that has historically been a provider of inexpensive power in the Northwest, is projected to impose additional surcharges because of low liquidity and poor hydro conditions.

The administrator Steven Wright is expected to announce a rate increase as early as next week. Last year, rate reductions (less significant increases) had been seen as a possibility.

The agency's budget deficit is approaching $1.5 billion, with cash reserves having fallen $613 million during the past two years. The BPA will continue to pay investor-owned utilities $1.4 billion through 2006 rather than deliver power they were due, and buys power it cannot produce itself through long-term contracts, at a cost above current market prices. Due to shortfalls in output by hydropower generation, revenue has been reduced by $250 million.

The long-term power supply contracts BPA entered as a buyer during 2000, when many customers looked to buy from BPA under their own long-term contracts, were not priced as high as they could have been, considering the spot market at that time. The BPA's inability to deliver power to large utilities, however, means that those utilities can use the money BPA pays them to keep rates low, while BPA's rates have climbed.
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