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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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Department of Energy Announces $4.2 Billion Investment to Boost Nuclear Power in Pennsylvania and Ohio

LCG, October 5, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 GW of carbon-free, baseload power and add 433 MW of new nuclear capacity that will support the growing electricity demand across the PJM region.

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Industry News

Southern in Deal to Bid on Enel Generation Unit

LCG, July 28, 2000--The Southern Co. of the U.S. and Italian conglomerate CIR said in a joint statement this morning that they "will create a consortium with the aim of buying one of the generatingcompanies that (Italys state-owned electric company) Enel must sell in the upcoming months."

Under rules adopted by the European Commission, Enel will have to divest itself of some 15,000 megawatts of generation by 2003. On order to do so, the company is forming separate generation companies grouping its power plants.

In their statement, Southern and CIR said "The two largest companies, Eurogen of 7,000 megawatts and Electrogen of 5,400 megawatts, are particularly interesting."

Southerns investment would be made through its Southern Energy subsidiary, which already has a European presence with its majority interest in Germanys Bewag and a power trading company in The Netherlands.

"CIR and Southern Energy intend to develop their generating activity and commercialization of energy to create one of the leading Italian groups and an important operator at a European level," the statement said.

Southern Energy may also build new natural gas-fired power plants in Italy, the statement added.

CIR would make its investment through a subsidiary, Energia Italiana.

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