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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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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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Industry News

EU Sets Energy Market Retail Deregulation Date

LCG, November 26, 2002-EU Ministers announced that residents will be able to choose electricity suppliers beginning July 2007.

The business energy market will be opened to competition in 2004, and EU leaders have finally agreed to open the market for homeowners in 2007.

France has been the major opponent of liberalization, initially putting off serious comment earlier this year because of elections. France is unwilling to compromise the position of its state energy company Electricite de France and opposed the original, 2005 deregulation date.

The European Union finally came to agreement on Monday after commissioners warned that delays in deregulation could cost as much as 15 billion euros.

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