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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

Alberta to Expand Provincial Control

LCG, Aug. 22, 2002--Alberta's Energy and Utility Board (AEUB) will have greater authority in deciding rates and market competition policies, according to the provincial government.

One reason for the change is that the AEUB wants to encourage competition among the major utilities and retail marketers, and increase transparency. By next spring, the Alberta Energy and Utility Board will be able to set tariffs for distribution as well as regulated rates for Enmax Energy Corp., the municipally owned Calgary utility, and Epcor Utilities Inc., which is owned by Edmonton.

Another change which has received some criticism as well as praise is the AEUB proposal to allow Epcor and Enmax to sell to customers outside their traditional municipal service territories. Some municipal officials have raised the prospect that existing city customers may pay for expansion outside the cities. In addressing the possible increase in competition the changes will bring, Energy Minister Murray Smith told Dow Jones Newswires, "What this will do is create a template for parties outside of Alberta to look at and see that there is truly a level playing field."

The AUEB is planning for a shift of responsibility for grid administration from ESBI Alberta Ltd. to a nonprofit organization. The new independent system operator is to have have board members from outside government and industry.
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