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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

Attorney General Files Lawsuit Charging California Companies

LCG, March 12, 2002-Yesterday Attorney General Bill Lockyer went through with his plan to file civil suit against California energy companies. Lockyer accused four companies of swindling Californians by selling them emergency energy that was never provided. "They sold emergency generating capacity to the California Independent System Operator (ISO), which is responsible for maintaining the western power grid, then turned around and sold the same power capacity into the lucrative spot market for wholesale electricity." Lockyer said these companies sold the same power twice at least 20,000 times.

Dynergy Inc., Reliant Energy Inc, Mirant Corp., and Williams Energy Marketing and Trading Company were sued for over $150 million, not much in comparison with the alleged $28 billion worth of overcharges in the spot and longterm markets. However Lockyer says they are only the first and that the whole market will come under scrutiny.

This lawsuit is especially unusual because it was filed in state court instead of federal court or before the Federal Energy Regulatory Commission. Lockyer said he chose to file civil instead of criminal charges because the state might then be able to retrieve lost money.

Spokesmen from Dynergy, Mirant and Williams asserted that they had always behaved responsibly and that as yet no proof has been disclosed.

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