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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

St. Joe Restores Service from Fire-Damaged Unit

LCG, Aug. 11, 2000--St. Joseph Light & Power Co. said yesterday that it had restored to service the 97 megawatt unit at its Lake Road plant that was damaged by fire on June 7. The unit provides more than a quarter of St. Joes system requirements.

"Repairs and startup tests have been completed and the unit is producing electricity," Dwight Svuba, vice president for energy supply, said. "This is about three weeks ahead of our original estimate that the unit would be returned to service in early September."

The company said that total cost of the fire, after insurance coverage, would be about $4 million. During the shutdown, St. Joe had to buy replacement power that turned out to be a lot more expensive than that produced at Lake Road.

Getting the unit back in service three weeks ahead of schedule, coupled with mild temperatures, will save the company about $3.1 million.

St. Joe said it will seek recovery of these costs as part of its next electric general rate case. If theproposed merger with UtiliCorp United Inc. is approved, however, some portion of these costs maybe expensed.

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