Oglethorpe Power Corporation (OPC) presents key updates on new generation projects, operations, and financial status in the Second Quarter 2025 Investor Briefing.
Updates include significant cost estimates for the Smarr CC facility, future power projects progress, and Oglethorpe's stance on EPA's Greenhouse Gas Emissions Standards repeal.
Executives Betsy Higgins, Annalisa Bloodworth, and Rich Wallen led the discussion on operational and financial aspects.
Future Power Resources Update
Preliminary cost estimates increased for the Smarr CC facility due to market construction costs, with plans for RUS financing and seeking intermediate-term financing for other projects.
EPA's Proposed Repeal
Oglethorpe supports the repeal of EPA's 2024 Carbon Pollution Standards, citing challenges with technology adoption and grid reliability concerns.
Diversified Power Supply Portfolio
Oglethorpe's diversified portfolio contributes to capacity and energy resources, showcasing a strategic approach to power generation.
- The increased cost estimates for the Smarr CC facility highlight challenges in the construction market, impacting Oglethorpe's budget planning and financing strategies.
- Oglethorpe's stance on the EPA's repeal could have implications on coal plant operations and the adoption of new technologies in the power sector.
Oglethorpe Power Corporation's Second Quarter briefing sheds light on critical industry updates and the company's strategic direction in dealing with market challenges and regulatory changes.