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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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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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Industry News

FERC to Reevaluate U.S. Gas Supply

LCG, October 15, 2002-On the 25th of this month, FERC will conduct a public conference on natural gas.

U.S. dependence on natural gas is growing, especially because of the large number of newly constructed natural gas-fired power plants. The Federal Energy Regulatory Commission is intent on addressing domestic and imported supply, in addition to prices and regulation.

According to FERC Chairman Patrick Wood, the current gas supplies in the U.S. will not be sufficient for the expected demand of 2012.

Another consideration is the construction of a pipeline through Canada to transport natural gas from Alaska. Companies have been considering building such a pipeline for some time; legal and financial problems have prevented the pipeline from being built.

Other issues to be discussed at the October 25 meeting include natural gas from the Gulf of Mexico and liquefied natural gas importation.

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