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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

Attorney General Asks Regulators to Cut Con Edison Rates

LCG, Aug. 25, 2000--New York State Attorney General Eliot Spitzer said at a news conference yesterday that he had asked the state Public Service Commission to "immediately" return the electricity rates of Consolidated Edison Co. of New York to last years levels.

Yesterday morning, Spitzer said he had "filed an action" against Con Edison and would announce the details at a news conference in the afternoon. Those were the details.

"Last summer was one of the hottest on record, this summer is one of the coolest, yet Con Ed's bills are up by 30 percent and more," the states top cop complained. He said the "action" he had filed was a petition asking regulators to roll back the rates while it was acting on an earlier request he made to deny the utility authority to pass changes in its purchased power costs through to ratepayers.

If the commission doesnt act on his request, he said, he will ask the legislature to remove the regulators authority to deregulate the electric industry. "They will react quickly," he predicted, adding he expects a reply within a week.

He got a reply within minutes. PSC Chairwoman Maureen Helmer, in a statement released later in the afternoon, accused the attorney general of "political grandstanding" and noted that Spitzer "is already a party to the PSC's ongoing discussions examining Con Ed's rates and seeking additional money for the ratepayers."

" It would be nonsensical for us to address his petition prior to the conclusion of the current proceeding to which he is already a party," she said.

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