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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

New England ISO Incentive Payment Plan Has Opposition

LCG, Mar. 23, 2004--A system developed by the ISO New England for directing incentive payments to generators providing reliability is facing opposition from a group of utilities, businesses and government entities.

Under the ISO plan, reliability standards would be enforced within sub-regions. According to NSTAR, an area utility with an alternative plan, incentive payments could be lower by $1.4 billion for New England power purchasers if the incentive payments were overseen from a regional perspective instead. "While the ISO New England proposal stands to benefit generators at the expense of customers, we believe the coalition proposalwould accomplish the goal of using region-wide resources to ensure reliability at a lower cost." The plan supported by NSTAR would include a rule that power producers with plans to retire a unit would have to give advance notice.

Others signalling opposition to the New England system for reliability incentives include the attorneys general for Massachusetts and Rhode Island, the Massachusetts Division of Energy Resources, the New Hampshire Office of the Consumer Advocate, the Rhode Islands Division of Public Utilities and Carriers, Associated Industries of Massachusetts, National Grid, Vermont Electric, and Strategic Energy LLC.
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