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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

South Korean Power Strike Continues

LCG, Mar. 28, 2002--According to Korea Electric Power Co. (KEPCO), South Korea's state-owned power company, approximately 35 percent of striking workers at numerous facilities, or 2,200 overall, have broken ranks with other unionized workers and returned to work.

The strike is in its 31st day, and government and management officials now say that only after the strike has been declared over by its leaders will they return to the negotiating table. The union has not accepted privatization, and was told last week that members would be fired Monday of this week if the strike were still in effect.
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