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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.

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.

Con Edison Faces State Challenge over Electric Rates

LCG, Aug. 24, 2000--New York State Attorney General Eliot Spitzer said in a brief statement this morning that he has filed an action against Consolidated Edison Inc. challenging the rates charged by its utility subsidiary for electricity this summer.

Alleging that Consolidated Edison Co. of New Yorks electricity prices this summer are about 30 percent higher than they were last summer, Spitzer said he wants to force the utility to roll back prices to last years level.

Con Edison has admitted that some $22 million of the extra money it has collected has been spent on replacement power for that lost by the shutdown in February of its Indian Point 2 nuclear power plant. Last week, the utility filed suit in the U.S. District Court for the Northern District of New York seeking an injunction against enforcement of a law that would prevent recovery from ratepayers of the $22 million.

Spitzers statement did not disclose the nature of his "action" or the venue in which it was filed. Those and other details will be provided at a news conference in his New York City office, the statement said.

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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

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Con Edison Faces State Challenge over Electric Rates