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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

California Municipal Raises Power Rates by Half

LCG, Feb. 9, 2001Mount Lassen in the Cascade Range of Northern California is an active volcano. Nothing has been heard from the mountain since 1921, but there are rumbles of a different sort coming from the municipal utility that serves the area.

The Lassen Municipal Utility District, which serves 11,000 customers in the town of Susanville and a few other hamlets, will raise its electric rates by an average of 49 percent. When they heard the news, the utility's customers breathes a sigh of relief because general manager John Baxter has said an increase of 162 percent might be needed.

The LMUD owns no generation of its own and when it bought power last fall it found that the price had gone up, rather than down as it usually does after the hot summer months.

Baxter told the district's board earlier this week that he had taken two steps to curb the rate hike. First, he wants to get rid of the district's biggest customer, the Sierra Army Depot in the town of Herlong. LMUD was selling power to the Army for less than it paid for it.

Second, he negotiated power supplies that will save the district money. A source who asked not to be named told EnergyOnline Daily News that the district signed a year-long deal with his power plant for the energy off one boiler, paying in the neighborhood of $30 per megawatt-hour and supplying the fuel.

The rate increase will add 3.5 cents per kilowatt-hour to residential customers' bills and cost commercial customers an additional 4 cents per kilowatt-hour.

One would think there was some geothermal power lurking beneath the surface of Mount Lassen.

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