EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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

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.

Read more

Industry News

State May Broker Electricity to California Utilities

LCG, Jan. 15, 2001California Gov. Gray Davis said yesterday he will ask the state legislature to approve a plan under which the state would procure power from generators and resell it at attractive prices to the state's investor-owned utilities.

The proposal could be introduced in the legislature tomorrow, official said. The plan is aimed at staving off bankruptcy for the state's two largest electric utilities, both of which say they no longer have sufficient cash to buy power for their customers and suppliers will no longer extend them credit.

The idea of the state as broker came Saturday near the end of a seven-hour, coast-to-coast video and telephone conference in which participants in Washington, Sacramento and Los Angeles were hooked up.

Near the end of the marathon teleconference, Davis was joined by leaders of the heavily Democratic California legislature in a news conference in which he said the state could enter into long-term contracts with power producers for electricity at a cost far lower than what the utilities have been paying. The state would then re-sell the power to the utilities at cost.

While Davis sounded triumphant with his plan, others weren't so sure.

Joe Bob Perkins, president and chief operating officer of Reliant Energy Wholesale Group which operated California power plants it acquired from the state's utilities, would only say "We're still digesting it."

The governor said his plan was a "bipartisan" solution, but state Senate Republican leader Bill Campbell sounded less than convinced. "The answer is going to be in the numbers," he said.

State Senate President Pro Tem John Burton, a San Francisco Democrat, said that the state was seeking to purchase power for 5 to 5 cents per kilowatt-hour, but power producers "didn't come in with that kind of offer."

Instead, Reliant Energy Wholesale Group and the other power producers want 7 or 8 cents per kilowatt-hour, an amount probably reflecting the high cost of natural gas, the fuel of choice for California power plants.

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