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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

Extraction from Canadian Oilsands to Require Much More Energy

LCG, Jan. 29, 2003--In order to increase the amount of oil extracted from oilsands in northern Alberta, experts expect that a significant amount of steam will be required, but where the energy to produce the steam will come from is still being investigated.

Suggestions that nuclear power could be used were raised in the 1970's, then dropped as it appeared too costly an option. If oilsands account for a large part of future growth in Canadian oil production as expected, however, it could theoretically require all of Alberta's gas output. This is based on production of four million barrels per day in 2025, said Bob Taylor, an assistant deputy minister with Alberta Energy, part of the provincial government. In order to extract the bitumen in sands 75 meters underground and make it into synthetic oil, energy equivalent to a third of the amount obtained is currently needed.

A developer of nuclear plants, Atomic Energy of Canada Ltd., has commissioned a study by the independent Canadian Energy Research Institute to investigate the cost-competitiveness of a small-scale nuclear power plant. While the last nuclear plant to be brought into operation in Canada came online in 1993, it was $11.6 billion overbudget. ($11 billion was invested in oilsands projects during 2001 and 2002.) Natural gas prices have been quite volatile recently, however, and gas is a source of greenhouse emissions, unlike nuclear power.

According to Bob Dunbar, a senior director with the Canadian Energy Research Institute, his company's study shows so far that "nuclear would be an economically competitive option with gas." The study will be finalized next month.
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