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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

Shell Energy Exits Ohio, Texas Power Markets

LCG, Sept. 5, 2001--Shell Oil Co. electricity marketing affiliate Shell Energy Services said yesterday that it would back out of the Ohio retail electricity market and the Texas Electric Choice program.

Alan Raymond, president and chief executive of the unit, said, "Volatile energy prices and an uncertain economic environment over the past few months have caused legislators, regulators, generators and marketers to reconsider their deregulation situations and strategies."

Those reconsiderations are what cause Shell Energy to reconsider. The company said it will focus its efforts on its existing natural gas markets in Georgia and Ohio.

Shell Energy said it would try to find another marketer to take over its 30,000 Ohio customers. Texans who selected the company as their new electricity provider may choose another marketer; otherwise they will be returned to their local utility without requiring any action on their part.

"We thank our Ohio and Texas customers who selected Shell Energy as their electricity providerand assure them that Shell Energy will do all it can to make their transition to another providerseamless," Raymond said in a statement, as his company tipped its hat and stepped through the door.

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