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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

Williams Cos. Voluntarily Yields Gas Trading Data

LCG, October 29, 2002-On Friday, Williams admitted that some of its traders presented false information regarding energy-related trades; today the company has given the CFTC its records.

As the third company to reveal that its traders have reported false data, Williams has announced it is cooperating fully with the Commodity Futures Trading Commission.

False trading data may have been used to affect price indexes published and used to determine natural gas prices for contracts.

The Federal Energy Regulatory Commission is currently investigating several aspects of energy trading and has requested trading data from various companies, such as Duke Energy.

Dynegy Inc. and American Electric Power Co. have also found that some of their employees made false reports in industry publications.

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