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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

Chinese Natural Gas Priced to Spur Development

LCG, Jan. 24, 2002--The base price of natural gas has been set higher by the Chinese national government, increasing by 2 to 3 percent over last year's levels.

The State Development Planning Commission was the agency responsible for the change, which was welcomed by the country's largest natural gas producer, PetroChina. Pricing will also be changed to make processing and distribution costs less expensive components of an overall price.

According to Huan Guoyu, an analyst for the State Council Office for Restructuring the Economic System who was quoted in China Daily, "the major problem for the gas industry is that the low base price has failed to spur companies to produce more, while the high transmission and distribution charges push the final price too high for users to accept."

The central government is reported to want to spur development in natural gas so that it provides at least 8 percent of the country's energy needs, whereas it now provides 2.1 percent. Coal provides about 75 percent of China's energy requirements. PetroChina has "rich reserves" of natural gas that have been estimated to contain 58.9 percent of China's total gas reserves, but the company's oil output is declining.

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