EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

SCE Announces Contracts for 590 MW of New Energy Storage Capacity

LCG, December 8, 2020--Southern California Edison (SCE) yesterday announced that it has signed long-term contracts for four projects totaling 590 MW of battery energy storage resources that are designed to improve the region's electric system reliability. The contracts are in addition to the company's May acquisition of 770 MWs of energy storage procurement. The new contracts are expected to increase SCE's total amount of installed and procured battery storage capacity to approximately 2,050 MWs.

The new contracts will require California Public Utilities Commission (CPUC) approval, and SCE expects to submit them for approval by the end of this year. The projects are scheduled to commence operations by August 2022 and 2023.

SCE's Vice President of Energy Procurement & Management stated, "Bringing more utility-scale battery storage resources online will improve the reliability of the grid and further the integration of renewable generation resources, like wind and solar, into the grid. As California transitions to 100 percent clean renewable energy to reduce the greenhouse gas emissions that are driving climate change, battery storage will play a key role in harnessing the value of these cost-effective, carbon-free resources in a reliable manner."

Three of the four projects are utility-scale projects totaling 585 MW and will take advantage of lithium-ion batteries that can store relatively low-cost electricity for use when prices are higher (e.g., when the sun sets, solar electricity generation declines, and demand for electricity remains high). The fourth project is a 5 MW demand response contract that will use energy from customer-owned energy storage.

The four storage project contracts are with Recurrent Energy (200-MW Crimson project, online date of 8/1/2022); 174 Power Global/Hanwha Group (60-MW Eldorado Valley project, online date of 8/1/2022); NextEra Energy (325-MW Desert Peak project, online date of 8/1/2023) and Sunrun (5-MW Behind-the-Meter Storage project, online date of 8/1/2023).

SCE estimates California needs to add 30 GW of utility-scale storage to the grid and 10 GW of storage from distributed energy resources to meet the state's clean energy and carbon neutrality goals for 2045.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service