HOME	Services News Press Release LCG News Data Archives Products Software Consulting Reports Recent Projects Competition Market Simulation Transmission Mergers Careers About LCG History LCG Consulting Contact Contact

Services

News
Press Releases
LCG News
Data
Archives

RSS FEED
EnergyOnline.com

News

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.

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.

Cal-PX Halts Market Ops; Going Out of Business

LCG, Jan. 31m 2001--The California Power Exchange said yesterday that it would no longer operate its day-ahead and day-of energy markets. The move is in response to a Federal Energy Regulatory Commission order that it recalculate all transactions made so far this year.

When FERC set its "soft cap" of $150 per megawatt-hour it eliminated a rule that all clearing prices be at the highest price bid and pay only the actual price bid. Cal-PX ignored that portion of the order and requested a stay of the order and a rehearing with the U.S. Ninth Circuit Court of Appeals. The court is scheduled to hear oral arguments on February 7.

"Regrettably, Cal-PX must take this extraordinary action in response to FERC's order that directs us to immediately comply with the terms of its December 15 order and implement a $150 breakpoint," Cal-PX president and chief executive George Cladode said in a statement.

Cal-PX said market participants stopped doing business with the exchange following the FERC order and defaults by Southern California Edison Co. and Pacific Gas & Electric Co. only made matters worse.

"The continuing defaults in our markets and threats of defaults in the next couple of days make it ridiculous to keep the market going when you're a public benefit corporation that's revenue neutral," said Cal-PX spokesman Jesus Arredondo.

The quasi-public agency said it is in the process of winding down operations in order to shut its doors.

Print Top

Products

UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model

Uniform Storage Model
A Battery Simulation Model

UPLAN-ACE
Day Ahead and Real Time Market Simulation

UPLAN-G
The Gas Procurement and Competitive Analysis System

PLATO
Database of Plants, Loads, Assets, Transmission...

Services

CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service

Workshops

Real-Time, Real Change: ERCOT’s Market Overhaul Explained

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

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

Industry News

Cal-PX Halts Market Ops; Going Out of Business