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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

Court Lifts Stay Blocking BG&E Rate Cut

LCG, Aug. 7, 2000--The Circuit Court of Baltimore City on Friday lifted the stay blocking a residential rate cut of 6.5 percent and the introduction of customer choice for electricity customers of Baltimore Gas & Electric Co.

The stay had been granted July 21 on the petition of the Mid-Atlantic Power Supply Association, a New Jersey-based organization claiming to represent out-of-state electric service suppliers seeking to do business in Maryland.

Christian H. Poindexter, chief executive of BG&E parent holding company Constellation Energy Group, said "Central Maryland consumers can now begin to enjoy the benefits of a deregulated electric market. In the interest of fairness to each of our 1 million residential customers, BG&Ewill provide retroactive savings from July 1, when customer choice began for virtually the rest ofMaryland."

BG&E President Frank O. Heintz noted that 19 electric service suppliers have been licensed by the Maryland Public Service Commission to compete for BG&Es customers and another 15 have applications pending. Apparently none of those 34 marketers are members of Mapsa.

Mapsa has now been turned down by five courts out of five in its effort to block BG&Es restructuring transition plan, but Judge Albert J. Matricciani Jr., who lifted the stay on Friday, said he would listen later this month to the organizations objections to the PSCs November 1999 settlement order for BG&E.

Poindexter didnt sound worried. "The PSC order, which will now be reviewed by the court, is sound and well reasoned. We are optimistic that the order will ultimately be affirmed," he said.

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