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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

S. Korea to Build Four Nuclear Plants

LCG, August 12, 2002-Korea Hydro & Nuclear Power Co. (KHNP) has signed contracts to have four nuclear generators constructed.

KHNP, a unit of Korea Electric Power Corp. (KEPCO), expects the plants to be finished in 2009 and 2010 at a total construction cost of $6 billion.

DOOSAN Heavy Industries and Construction Company, as well as Korea Power Engineering Company, Inc. and Westinghouse Electric Co., have been contracted to work on the four generators.

Shin-Kori 1 and 2 will be built in Pusan Metropolitan City, while Shin-Wolsong 1 and 2 will be built in Kyungju-City.

KHNP operates some 16 nuclear generators, currently providing 13,716MW of capacity.

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