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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

Consumer Groups Question Natural Gas Negotiated Rates

LCG, October 1, 2002-Three organizations, as well as industry members, are asking for the repeal of FERC's "negotiated rate policy," asserting that the rule is unnecessary and unfairly beneficial to pipeline operators.

U.S. pipeline companies have been allowed to charge rates higher than that allowed by tariff according to the Federal Energy Regulatory Commission's "negotiated rate policy," which permits gas pipelines to sell turned-back capacity to other shippers at higher rates.

Consumer advocate groups from Maryland, West Virginia, and Pennsylvania came together to jointly request that FERC end the policy. The American Public Gas Association, as well as many of those who purchase gas, have also expressed opposition to the continuation of negotiated rates.

Many in industry believe that the policy allows pipeline companies to wield too much control over the gas market and that the pipeline business does not have sufficient transparency.

The issue awaits FERC's attention under docket PL02-6.

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