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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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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Industry News

California Congressman Puts Heat on Cal-ISO

LCG, Nov. 19, 2001--U.S. Rep. Doug Ose, a California Republican, has demanded that the Federal Energy Regulatory Commission act on what he says is preferential treatment of the California Department of Water Resources by the California Independent System Operator.

In a letter last Thursday to FERC, which was released Friday, Ose said dealings between the two state agencies contravene the required independence of the ISO. Reliant Energy Inc. and Mirant Corp. filed a complaint with FERC last month alleging that information-sharing between the two groups violates the ISO's tariff.

Ose backed up his letter with a copy of a confidential memo from Eric Woychik, described as having inside knowledge of the water agency, to ISO board member Mike Florio, who is also a lawyer for an anti-utility gadfly group, The Utility Return Network.

Ose did not tell how he came by the memo, but said it revealed "egregious examples of interference by CDWR in the electricity market."

How confidential was the memo? In it, Woychik wrote "If the press, Legislature, or FERC get wind of this, I think we are toast!!!"

Woychik's memo said that CDWR scheduling practices resulted in "very large additional costs for purchases," and compromised reliability. He cited as an example an instance when the water agency required the ISO to accept bilateral contracts for $400 per megawatt-hour when cheaper coal-fired generation from a Nevada plant was available for $60.

In his letter to FERC, Ose said the memo "clearly illustrates the perils of a lack of independence" at the ISO.

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