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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

Florida Energy Companies Contest Bidding Process

LCG, November 20, 2002Yesterday, Florida regulators approved a Florida utilitys new energy projects, and other energy companies said the bidding process is unfair.

Florida has two major utilities, Florida Power and Florida Power and Light (FPL). Since 1994, these utilities have been responsible for taking in bids for new generation projects, despite the fact that the utilities themselves make bids for the projects.

Other, independent power companies have said this process is discriminatory and point to new generation constructed since 1994; all projects over the last 8 years have been awarded to either Florida Power or FPL.

Some independent companies, as part of a coalition called the Florida Partnership for Affordable Competitive Energy (PACE), have complained to the Florida Public Service Commission, which is responsible for setting the bidding process.

The Public Service Commission will meet in the next few weeks in order to reevaluate the bidding process.

The most recently approved Florida generation project will be constructed by FPL. 789 megawatts will be added to the Martin plant, and 1,107 MW will be constructed at the preexisting Manatee plant. Both additions will be natural gas-fired, and the projects will cost $500 million and $600 million, respectively.

The PACE organization includes energy companies Calpine Corp., Constellation Energy Group, Duke Energy, and Reliant Energy.

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