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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

Enron Can Sell Portland General Electric Co.

LCG, Feb. 13, 2002--The sale of Portland General Electric Co., the Oregon utility, by Enron Corp. was allowed by the Federal Energy Regulatory commission on Wednesday.

Enron bought PGE in 1998, and had agreed on a sale to Northwest Natural Gas in October. The former energy giant had purchased Oregon's largest utility for $2.1 billion in 1998. Northwest Natural Gas is the state's largest natural gas utility, and serves 530,000 customers in Oregon and Washington.

In order for the deal to be finalized, it will have to also be approved by the Securities and Exchange Commission. Most significantly, the sale would raise cash for Enron's creditors.
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