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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

Watkins Says Enron Partnerships Common Knowledge

LCG, Feb. 15, 2002--Partnerships approved by senior executives at Enron were kept in place by intimidation and deception, company executive Sherron Watkins testified at a hearing of a House Energy investigations subcommittee.

In a meeting with chairman Ken Lay in August, Watkins brought up her concerns that losses were being improperly hidden through outside partnerships that were financed using Enron's own stock. Lay, Watkins thought, "didn't understand the gravity of the situation." In talking to other employees, Watkins found that the partnerships were considered to lack a solid foundation, but criticism of their risks met with intimidation from chief executive Jeffrey Skilling and chief financial officer Andrew Fastow. She further testified that Skiling, who claimed ignorance of any accounting misdeeds in testimony last week, "did dupe Ken Lay and the board," and that she would be incredulous if Skilling were not aware of Fastow's practices.

Watkins' meeting with Lay took place, Watkins said, when she learned that Fastow might be chosen to replace Skilling as chief executive after Skilling's sudden resignation. Fastow had alllegedly demanded that she be fired after he learned of her meeting with Lay.

According to Bruce Hiler, Mr. Skilling's lawyer, "everything she said about my client is based either on hearsay, rumor or opinion." Accountant Arthur Andersen's spokesman Patrick Dorton said that Watkins, who worked at Arthur Andersen earlier in her career, "was not in a position to form judgments" concerning Andersen's professional advice to Enron.
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