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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 Utility Cost Recovery Trial to be Held Next Year

LCG, August 19, 2002-California utility Pacific Gas & Electric claims it should be allowed to recover its losses from consumers, and a trial will take place June 9, 2003 to determine whether or not the CPUC kept the utility from operating profitably.

During the electricity crisis of 2000/2001, the utility incurred some $9 billion in undercollections because the California Public Utilities Commission had frozen retail electricity prices to protect consumers. PG&E utility is suing to recover the losses caused by high wholesale rates and low retail rates.

U.S. District Court of San Francisco has found that there is legal basis for the trial and has set a date. The discovery period will take place between November 6 and February 11, and settlements will be allowed before April 18.

The utility is currently in court regarding its emergence from bankruptcy. Friday will see oral arguments heard in Federal court. The utility's bankruptcy plan requires pre-empting state laws, action unacceptable to the state bankruptcy Judge involved; the matter has been taken to Federal court on appeal.

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