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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

Southern Governors Skeptical of Expanded Federal Utility Role

LCG, Sept. 23, 2003--Governors in attendance at the meeting of the Southern Governors' Association, held in Charleston, West Virginia on Monday expressed concern that expanded rule-making authority for the federal government over utility management and reliability standards could impose additional burdens on Southern states, potentially forcing them to subsidize improvements elsewhere.

A number of the panelists, which also included industry representatives and experts, stated that they would prefer to keep authority for reliability-related decisions in the hands of states or regional entities. South Carolina Gov. Mark Sanford was quoted in the Charleston Gazette: "It seems that every crisis that hits us these days, we look to the federal government." Sanford said he would be "very resistant" to increased rule-making authority for federal authorities.

There was support, however, for making mandatory standards that have so far remained voluntary. "We can't wait around for this to happen," said David Mohre, with the National Rural Electric Cooperative Association. Economic competitiveness in the form of relatively low-priced electric power was cited as being vulnerable to any requirement that might be imposed on Southern states to transfer funds for infrastructure development outside the region. The Southern Governors' Association, created in 1934, is made up of members from the South, and from Puerto Rico and the U.S. Virgin Islands.
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