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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 Gets SEC Okay to Form New Unit

LCG, Jan. 10, 2001The Southern Co. said yesterday that it has received final approval from the Securities and Exchange Commission to form a new subsidiary that will own, manage and finance wholesale generating assets in the Southeast U.S.

Southern Co. said the new subsidiary, which will carry the legal name of Southern Power Co., will be the primary growth engine for its market-based energy business. The company said its goal is to increase income from the new subsidiary by 15 percent annually so that in five years Southern Co. earnings from wholesale market sales will more than double.

"We expect that this will allow us to move faster and more aggressively in seizing wholesaleopportunities throughout the South," said Charles McCrary, Southern Company chief productionofficer and president of Southern Company Generation.

By 2005, plans call for the new subsidiary to have developed or acquired more than 7,500megawatts of generation dedicated to the competitive wholesale business. Within 10 years, the new wholesale generating company is expected to own more than 15,000 megawatts of capacity, the company said.

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