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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

Texas Genco to Close 3,800 MW of Electric Generating Capacity

LCG, January 13, 2005--Texas Genco LLC filed a "Notice of Suspension of Operations" with the Electric Reliability Council of Texas (ERCOT) regarding the proposed retirement of nearly 3,800 MW of gas-fired generating units at six power plants in the vicinity of Houston. Of the generation to be retired, 2,567 MW of capacity had been previously mothballed. ERCOT has 90 days to evaluate the plan and determine if any of the generating units are necessary for "Reliability Must Run" (RMR) purposes. If any units are determined to be RMR units, then contracts must be negotiated for payment for such services.

The stations and units identified for closure are: P.H. Robinson, Cedar Bayou 3, T.H. Wharton 2, H.O. Clarke, Deepwater 7, and Webster. The age of these units ranges from roughly 30-50 years. With the considerable quantity of new, efficient generating capacity installed in Texas over the past few years, a surplus of capacity exists now and older, less-efficient plants have limited value.

Texas Genco is not alone in retiring capacity in Texas. Earlier this month, TXU announced that it will stop operating nine, gas-fired combustion turbines with a total of 585 MW of peaking capacity. The units are installed at two Texas stations - the Permian Basin Steam Electric Station and the DeCordova Steam Electric Station. In addition, TXU announced similar plans last November to mothball eight, gas-fired electric generating units with a combined capacity of 2,516 MW. These units are located at Valley, North Lake and Morgan Creek stations.

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