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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

Georgia Power Ordered to Cut Rates by $118 Million

LCG, Dec. 21, 2001--The Georgia Public Service Commission said yesterday it has ordered Georgia power Co., a subsidiary of The Southern Co., to reduce its rates by $118 million per year for the next three years.

Georgia Power had earlier asked the commission for permission to raise its rates by $103 million a year for five years.

The commission said its decision is based on its own revenue forecast for the utility coupled with a return on equity of 12.50 percent. If Georgia power earns anywhere between 10 percent and 12.95 percent on equity, it may not ask for a new rate case, the regulators said.

If the company earns more than 12.95 percent on equity, it must share the extra with its customers -- two-thirds for ratepayers, one-third for the utility.

Georgia Power had sought to make the allowable return range from 11 percent to 13.50 percent.

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