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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

Rapids Power Cancels 225 MW Project

LCG, August 6, 2002-Rapids Power LLC will no longer follow through with plans to construct a combined heat-and-power facility.

The project, a joint endeavor with Minnesota Power and Blandin Paper Company, would have brought generating capacity to the Grand Rapids, Minnesota area, in addition to supplying a Blandin paper mill with steam.

Apparently hard times in the paper and energy industries have yielded the cancellation as the most economically feasible choice.

Several power projects nationwide have also been terminated or postponed recently because of unsavory market factors.

Minnesota Power supplies 144,000 customers. Blandin Paper is a subsidiary of UPM-Kymmene Corporation.

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