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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

Valero Board Approves Bay Area Refinery Cogenerator

LCG, March 20, 2001Valero Energy Corp., a petroleum company that recently purchased a San Francisco Bay Area refinery and gasoline stations from Exxon Corp., said yesterday its board has approved investment of $57 million in a cogeneration power plant for its refinery in Benicia, in the East Bay near the mouth of the Sacramento River.

The 51 megawatt facility, which would make the refinery self-sufficient during ordinary times, could be completed by April of next year, if the permitting process runs smoothly never a sure thing in California.

Valero said the decision, made before yesterday's rolling blackouts in California, was in response to the state's power shortage.

Rich Marcogliese, a Valero vice president and plant manager at Benicia, said "It is critical that we keep our refinery running because any power interruption could mean significant downtime, which could ultimately lead to gasoline supply shortages and price spikes. What's more, this project will allow us to retire some older, less efficient boilers, which will lower our air emissions."

Valero said the production of the cogeneration unit will be equal to or greater than the average power demand of the refinery. Additional power will be purchased as required to meet peak demand or, sold as available during low-demand periods.

The cogenerator will be fueled with light gases produced as refinery by-products, the company said, and steam produced by the unit will allow the refinery to retire older, less efficient steam generating equipment.

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