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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

Gas Drilling Sites Selected Off Canadian Coast

LCG, June 16, 2003--Two companies working on a natural gas project off Nova Scotia announced today that they have selected a location for drilling to take place later this year that is 275 kilometers (approximately 171 miles) southeast of Halifax.

The companies, Canadian Superior Energy Inc. and El Paso Corp.'s Canadian subsidiary, purchased the site in November 2001, with an outlay of $15.5 million ($11.54 US) they said they would spend on exploration. Canadian Superior is also developing a deep-water site, Mayflower, that is 460 kilometers (286 miles) east of Boston.

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