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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

Port Washington Plant Repowering Begins

LCG, Mar. 24, 2003--The planned repowering of the Port Washington power plant was to have proceeded this past weekend with demolition of its southern stack, making way for two new 500-megawatt gas generators.

We Energies, the Wisconsin gas and electric utility, has been planning an upgrade of the plant, which began in 1935 as a coal-burning, 348-megawatt facility. "This will be the most visible sign to date that we are making progress in our plans to upgrade the Port Washington Power Plant. Our Power the Future plan will ensure reliable, affordable electricity for our customers and this is an important step," Scott Patulski, vice president for fossil operations, said.

The ownership of the plant was to be retained by We Power, a new subsidiary of Wisconsin Energy. According to its original application, We Energies would lease the plant, and have a right to up to 20% of the power. Other co-owners that were listed are Madison Gas and Electric Co. and Dairyland Power Cooperative. Revenue earned by the plant could be used to offset rates paid by the utility's customers, according to a December ruling by the Public Service Corporation. At that time, the PSC also agreed to allow a 12.7% return on equity in the plant.
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