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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

FERC Conference Exposes Transmission Cost Conflict

LCG, November 7, 2002-In a Wednesday meeting, utilities and energy companies disagreed over the method by which transmission upgrades should be funded.

The Federal Energy Regulatory Commission held a day-long conference on some energy issues yesterday, including repairing the nation's transmission bottlenecks.

A FERC study released last year estimated that $12.6 billion would be needed to streamline transmission by constructing new transmission lines.

Energy companies who own plants and sell power assert that new transmission benefits retail customers and should therefore be paid by ratepayers in general via "rolled-in pricing."

Large investor-owned utilities oppose this idea, saying that ratepayers will be forced to pay for energy assets that do not benefit them. Utilities and some utility commissions insist that those who directly benefit from new projects coming on line should pay, whether state consumers, industrial users, or energy firms.

Calpine Corporation also took the opportunity to voice its concerns over unfair practices in transmission control, alleging that some utilities prevented electricity to be sold from its plants even though Calpine's power was cheaper and cleaner.

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