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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

California Files New Complaint Against Power Companies

LCG, Mar. 21, 2002--California's Attorney General Bill Lockyer filed a complaint with the Federal Energy Regulatory Commission on Wednesday, alleging that generators had not responded to record-keeping rules regarding their rates.

In a prepared statement, Lockyer said, "by not filing their rates, either before of after the fact, wholesale power providers have managed to evade any meaningful rate regulation by FERC." The complaint said that generators had not filed quarterly explanations of their costs, and did not detail their rates with FERC when the state's Department of Water Resources made short-term purchases.

FERC received a complaint from Lockyer in 2001 asking for up to $9 billion in charges to be refunded. The agency has said that it will have a response to that complaint in August, and has signaled that any refunds would not match the full amount California is seeking.

Gary Ackerman, who represents the Western Power Trading Forum for generators and traders, said Lockyer's suit gives an inaccurate picture of the information generators were required by federal rules to report. "This has no basis in any federal legislation or statute. It's just not there," Ackerman told the Sacramento Bee.
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