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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 Capsule: Transmission Takeover Talks Stall

LCG, Feb. 23, 2001Talks between representatives of California Gov. Gray Davis and officials of the state's three investor-owned utilities aimed at finding a way for the state to take over transmission facilities belonging to the cash-strapped companies have stalled with no resolution in sight.

No reason has been given for the impasse, but state sources have said the transmission system might cost the taxpayers $3 billion and industry sources have put the value of the grid at closer to $9 billion.

The wires takeover is part of Davis' plan to save the utilities from insolvency by giving them a cash infusion in exchange for their 75 percent of the state's power grid. Another element of the plan would have the companies issue $10 billion in bonds that is, take on more debt and be paid back by ratepayers over the next few decades.

"These are complicated problems that will not be solved overnight," said Pacific Gas & Electric Co. spokesman Ron Low yesterday. "There are clearly some issues where we are very far apart."

And the pot continues to bubble:

  • The California Department of Water Resources, which has emerged as the only purchasing agent with enough money for power producers to talk to, had hoped to get a ruling yesterday from the California Public Utilities Commission that PG&E and the state's two other investor-owned utilities would be responsible for the cash the water people are spending in the spot power market. The CPUC voted not to add the item to the agenda for yesterday's meeting. The matter may be taken up at the commission's regular meeting on March 7.

  • Mirant Corp., the former Southern Energy subsidiary of Georgia-based The Southern Co. and to California politicians a despised "out-of-state" power producer, said yesterday it sensed a growing consensus in Sacramento and among utility experts that consumers must pay more for electricity for the state to get out of its power problems. "Everyone is beginning to realize that the quickest and simplest way out of this situation is to stop shielding consumers from paying the true cost of the energy they use," said Randy Harrison, chief executive of Mirant's western U.S. operations.

  • The Williams Cos., which markets electric power in California, said yesterday it had signed a 10-year, fixed price agreement to supply up to 1,400 megawatts of power to the California Water Resources Board at an undisclosed price. Added to a similar 1,000 megawatt contract signed between Calpine Corp. and the state on February 7, it gives the water people about 5 percent of the power it needs to cover a hot day in the parts of the state served by the three utilities.

  • Things were looking so good for the California Independent System Operator yesterday that it didn't declare a power alert of any sort no Stage 3 with the possibility of blackouts, no Stage 2 with orders to curtail power delivery to customers with interruptible service contracts, no Stage 1 with pleas to householders to use their clothes dryers at midnight. It was the first "all clear" since January 13.

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