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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

Enron Hopes to Build Memphis Plant

LCG, Apr. 9, 2002--A spokesman for Enron said that the company is "early in the development process" for a 500-megawatt, gas-fired peaking plant that would be built near Memphis, Tenn. following the expected completion of a bankruptcy reorganization within a year.

The plant, which would be built in Tennessee Valley Authority's service territory, could require expansion of the transmission system. John Moulton, a spokesman at the TVA, said that it is too early to know whether such investment is necessary. The output of the plant would be sold into the wholesale market.

The plant would be sited in Arlington. Two plants have already been built by Enron in Tennessee prior to its filing for Chapter 11 bankruptcy protection. The plants, which were subsequently sold, started operations in 1999 and 2000.
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