Oglethorpe Power Corporation Selects Annalisa Bloodworth as new CEO
Posted on Nov 11, 2024 in Press Release | Comments Off on Oglethorpe Power Corporation Selects Annalisa Bloodworth as new CEO
Oglethorpe Power Corporation has selected Annalisa Bloodworth as its new CEO effective February 1, 2025. Bloodworth will transition from the role of Senior Vice President and General Counsel, which she has held since 2017. Prior to her role at Oglethorpe, Bloodworth was an associate at Eversheds Sutherland (US) LLP.
Oglethorpe Power Announces New Generation Projects to Support Georgia’s Rising Electricity Demands
Posted on Jul 31, 2024 in Press Release | Comments Off on Oglethorpe Power Announces New Generation Projects to Support Georgia’s Rising Electricity Demands
Oglethorpe Power has approved the construction of two natural gas projects in Georgia: a state-of-the-art combined-cycle plant in Monroe County and a highly efficient combustion turbine unit in Talbot County. These two projects will help meet the growing energy demands of the electric cooperatives that Oglethorpe serves while prioritizing affordable and sustainable energy.
Oglethorpe’s Plant Vogtle to be Crucial Clean Energy Resource
Posted on May 1, 2024 in Nuclear | Comments Off on Oglethorpe’s Plant Vogtle to be Crucial Clean Energy Resource
Georgia’s Plant Vogtle Unit 4 began operation on Monday, completing the first from-scratch expansion of advanced commercial nuclear energy in the U.S. in more than three decades and bringing the region’s electric cooperatives a source of reliable, clean energy. The completion of the units makes Plant Vogtle the country’s largest nuclear power station.
Oglethorpe Power among Recipients of Department of Energy $250 Million Grant
Posted on Oct 20, 2023 in Clean Energy, Grants | Comments Off on Oglethorpe Power among Recipients of Department of Energy $250 Million Grant
Through its Department of Energy Grid Resilience and Innovation Partnerships Program, the Department of Energy recently awarded several Georgia entities, including Oglethorpe Power, an aggregate $250 million for clean energy projects. The projects include investments in battery storage, local microgrids and grid reliability, while implementing new transmission lines to link communities...
Georgia Power, Oglethorpe Power Settle Plant Vogtle Cost Overrun Lawsuit
Posted on Oct 8, 2023 in Litigation | Comments Off on Georgia Power, Oglethorpe Power Settle Plant Vogtle Cost Overrun Lawsuit
Georgia Power Corporation will pay Oglethorpe Power $413 million to settle a lawsuit brought in 2022 by Oglethorpe Power against Georgia Power, accusing Georgia Power of backing out of financial obligations to pay for cost overruns incurred in connection with the third and fourth reactors at Plant Vogtle. Under the settlement agreement, Oglethorpe will keep its current 30% ownership of...
Oglethorpe Power Announces Commercial Operation of First New U.S. Nuclear Unit in Three Decades
Posted on Jul 31, 2023 in Grid & Infrastructure | Comments Off on Oglethorpe Power Announces Commercial Operation of First New U.S. Nuclear Unit in Three Decades
Oglethorpe Power Corporation has announced that Plant Vogtle Unit 3 has reached commercial operation, the first new nuclear unit in three decades, which will provide emissions-free power to Georgia.
Southeast Energy Exchange Market Unveils New Energy Trading Market
Posted on Nov 10, 2022 in Grid & Infrastructure, Innovation/Efficiency | Comments Off on Southeast Energy Exchange Market Unveils New Energy Trading Market
The Southeast Energy Exchange Market (SEEM) opened up operation this week, allowing for first of their kind market transactions in power for the region. SEEM will cover 23 entities in 12 states, with more than 180,000 megawatts, including Associated Electric Cooperative, Seminole Electric Cooperative, Oglethorpe Power Corporation, and North Carolina Electric Membership...
SEEM Members Submit Filing for Proposed Advanced Bilateral Market Platform
Posted on Feb 15, 2021 in Grid & Infrastructure, Innovation/Efficiency, Legislative & Politics, Renewable Energy | Comments Off on SEEM Members Submit Filing for Proposed Advanced Bilateral Market Platform
The Southeast Energy Exchange Market (SEEM) members recently filed with the Federal Energy Regulatory Commission for the approval of an automated, intra-hour energy exchange that aims to lower costs to customers and optimize renewable energy resources. The new SEEM platform will facilitate sub-hourly, bilateral trading, allowing participants to buy and sell power close to the time the...
USDA Announces $3.6 Billion in Funding for 82 Electric Projects
Posted on Oct 27, 2016 in Climate Change, Energy Savings Programs, Environmental, Financing, Grid & Infrastructure, Legislative & Politics, Project Development, Regulation & Policy, Renewable Energy, Technology | Comments Off on USDA Announces $3.6 Billion in Funding for 82 Electric Projects
U.S. Secretary of Agriculture Tom Vilsack announced Wednesday that the USDA will provide $3.6 billion in loans to electric utilities in 31 states to fund 82 projects. The loans, which will be provided through the Electric Program and the Rural Utilities Service, include $216 million for smart grid technologies, $35 million for renewable energy, $26 million for environmental...
Electric Cooperatives among Top 100 Coops Per Report
Posted on Nov 5, 2015 in Uncategorized | Comments Off on Electric Cooperatives among Top 100 Coops Per Report
The National Cooperative Bank has released its “2015 Co-op 100 List,” which includes 17 electric cooperatives from around the country. Among the electric cooperatives to make the list are Basin Electric Power Cooperative, Oglethorpe Power Corporation and Seminole Electric Cooperative. Overall the 17 electric cooperatives accounted for approximately 7 percent of the total annual...
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