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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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Constellation Completes Acquisition of Calpine

LCG, January 7, 2026--Constellation today announced that it completed its acquisition of Calpine Corporation from Energy Capital Partners (ECP). Constellation is now the largest producer of electricity in the U.S., with electric generation facilities across the nation.

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Industry News

AEP to Accelerate Closure of Conesville Plant in Ohio

LCG, October 11, 2018--American Electric Power (AEP) announced plans to retire its coal-fired Conesville electric generating facility in Ohio by May 31, 2020, two years ahead of the previously planned schedule.

The decision to retire the 1,590-MW Conesville plant was driven by operating costs and the results of recent competitive generation auctions. The plant did not clear the PJM Energy Market capacity auction for 2021 to 2022 and only partially cleared the auction for 2020 to 2021.

Units 5 and 6 at the Conesville plant had been scheduled for closure in 2022, but the units will likely be mothballed in May 2019. Unit 4 is rated with the highest capacity (780 MW) at the plant and is expected to continue operations until May 31, 2020.
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