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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

Wind Power Tax Cut Extended

LCG, March 12, 2002-Legislation signed Saturday gives power producers a two year extension on a wind energy tax cut, the Production Tax Credit(PTC).

Applauded by the U.S. wind power industry, the tax cut will hopefully support further growth in wind power, which has stagnated after a year of record growth in 2001. The cut affects about $3 billion in wind energy projects, $1.7 billion of which were installed last year.

Trade groups say that inconsistent legislation has set U.S. wind energy behind that of Europe but hope to bring wind energy from 0.5 percent to 6 percent of total U.S. energy production by 2020.

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