EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

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.

Read more

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.

Read more

Industry News

E·on, BP in Gas-for-Oil Asset Swap

LCG, July 17, 2001Germany's big energy firm Eon AG said yesterday it has reached agreement with British global petroleum giant BP Plc on a swap of assets that will move certain BP gas properties to Eon and some Eon oil interests to BP. A lot of cash will be involved as well.

BP will pay 6.5 billion euros ($5.5 billion U.S.) and assume $950 million in debt for a 51 percent interest in Veba Oel, an Eon subsidiary that owns Aral, Germany's leading chain of gas stations, and will have an option to buy the remaining shares beginning in April. BP said it expects annual savings and revenue increases totaling $200 million if it buys the entire company.

Eon will pay 1.63 billion euros ($1.4 billion) for 51 percent of BP unit Gelsenberg AG, which owns 25.5 percent of Ruhrgas, Germany's largest gas importer and one of Europe's three largest natural gas companies. Eon will also have an option to buy the rest of Gelsenberg beginning January.

Eon, which was formed in 1999 through the merger of utilities Veba AG and Viag AG, earlier this year bought British utility Powergen Plc for $7.4 billion, giving the German company a presence in the British and U.S. electricity markets.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
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...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service