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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

PG&E Consultant Fees Increase

LCG, March 20, 2002-PG&E filed papers in U.S. Bankruptcy Court saying its previous estimated costs were incorrect and much too low.

Records show that PG&E withdrew $32 million to pay consultants last year, sometimes at rates over $600 an hour.

However, the recently submitted court document shows that projected fees for creditors are between $120 and $150 million, more than four times what the utility says it has spent in its bankruptcy case so far.

This money will go to professionals hired by parent company PGE Corporation, which has yet to submit its expenses to the court and previously refused to do so.

The Utility has received intense criticism from many in the industry for its fees to lawyers and accountants.

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