EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

State Senate Passes Bill Capping San Diego Rates

LCG, Aug. 30, 2000The California State Senate yesterday passed a bill that would put a limit on what San Diego Gas & Electric Co. residential and small commercial customers could be charged for electricity.

The measure could reach the Assembly as early as today, but there is a question whether sufficient support for passage in the lower chamber. There is little time for lobbying, as the California Legislature will adjourn tomorrow.
The Senate legislation, caps the generation portion of the electric bill at 6.5 cents per kilowatt-hour. That would make the total bill for the typical householder somewhere around $68. In the past three months, SDG&E's residential customers have seen their total electric bills go from about $55 to around $110.

The soaring bills are the result of deregulation of the state's electric industry but affect only SDG&E customers because their utility has paid off its stranded costs and no longer falls under the rate freeze imposed on all three of the state's investor-owned utilities with the enactment of the California electric restructuring law.

The bill passed yesterday also requires an investigation into the way SDG&E purchases power on behalf of its customers. There is not much to investigate. The state restructuring law mandates that all three utilities purchase all of their power through the state-run California Power Exchange.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service