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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

PG&E Submits Revised Plan Designed to End Debts

LCG, March 11, 2002-On Thursday, PG&E filed an alternate plan for dealing with its bankruptcy. The first plan was rejected by Judge Dennis Montali because it allowed PG&E to preempt state law, splitting up PG&E's assets.

The new plan requires redistributing $8 billion worth of PG&E assets into three companies, yeilding much state control over to the federal government. This plan does not deviate much from the PG&E's earlier attempt to split itself up, although this time 78,000 acres of watershed land would remain in PG&E's hands; state and federal officials, environmental groups, and farmers were concerned that authority over these environmentally-sensitive lands might be handed over. PG&E still wants to preempt other state laws, however, including those prohibiting the sale or transfer of power plants until 2006.

The state has other plans for PG&E, and while the corporation believes its new filing will pull it out of debt and allow it to pay creditors, California says PG&E should use pre-existing funds to pay off its debt.

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