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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

California PUC Approves $1 Billion Refund

LCG, September 4, 2003—The California PublicUtilities Commission has decided to give utilitycustomers a $1.002 billion refund reflecting areduction in emergency power purchased.

Customers of Pacific Gas & Electric Company,Southern California Edison, and San Diego Gas &Electric will get a one-time bill credit. Theutilities serve about 28 million people on 10.3million electricity accounts.

The PUC has already stated that Pacific Gas &Electric customers will not receive a credit rightaway since the utility is still involved in bankruptcyproceedings.

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