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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

Xcel Plans to Add 100 MW of Wind Power in Minnesota

LCG, June 27, 2007--Xcel Energy yesterday requested permission from Minnesota regulators for permission to construct a 100-MW wind project near Austin, Minnesota. The proposed Grand Meadow Wind Farm is scheduled to be operational by the end of next year.

Xcel Energy contracted with enXco Development Corp., which is developing the site and has already filed a separate site permit for the wind farm. The site could provide for up to 200 MW of wind generating capacity.

The Grand Meadow Wind Farm would be owned by Xcel Energy and would include 67, 1.5-MW wind turbines on approximately 40 square miles.

Minnesota Governor Pawlenty in February signed legislation that requires electric utilities, including municipal power entities, to use renewable energy to supply 25% of retail electric sales to customers in Minnesota by the year 2025. The new law includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The largest electric utility, Xcel Energy Inc., has a higher goal of 30% by 2020.

Renewable supply resources include wind, hydroelectric, solar, biomass and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.

The new law includes provisions to develop a renewable energy credit trading system that would allow utilities to trade in order to achieve renewable goals. Financial penalties may be assessed if goals are not met.














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