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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

US Supreme Court Upholds FERC Open Access Order

LCG, Mar. 4, 2002--The U.S. Supreme Court ruled today in support of a Federal Energy Regulatory Commission rule that forced utilities to make transmission access open to energy suppliers that do not own their own transmission lines.

FERC Order 888 was issued by the FERC in 1996 in recognition of the incentive that transmission-owning utilities have to give preferential access to their own power transmission needs. The order was being challenged by the regulatory commissions of nine states, including New York, Florida, Idaho, New Jersey, North Carolina, Virginia, Washington, Vermont and Wyoming. They contended that FERC overstepped its authority by intruding on states' ability to regulate retail markets.

Richard Pierce Jr., a law professor at George Washington University, said the implication of the ruling "is terribly important for anybody who's a consumer and interested in getting a level playing field." About half of the states ended monopolies in retail power markets following the order by FERC.

In their 6-3 ruling, the Justices found that the FERC was justified in regulating unbundled retail transmission service, but not bundled services, which was sought by a leading supporter of open access, Enron. FERC's approach had been concerned only with unbundled services.

A spokesman for the Edison Electric Institute, Jim Owen, said, "the decision today reaffirms the wisdom of FERC's approach."
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