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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

Judge Sets Date for Vote on Bankrupt PG&E

LCG, March 27, 2002-June 17 is the tentative date for ballots to be sent to PG&E creditors, as chosen by U.S Bankruptcy Judge Dennis Montali. Creditors will be given an opportunity to vote on how PG&E's bankruptcy will be dealt with.

Two plans have been proposed regarding how to facilitate PG&E's emergence from bankruptcy. The company has an estimated $13.2 billion debt and filed for bankruptcy protection in April of last year.

PG&E suggested redistributing many of its assets into newly created subsidiaries. It plans to have 3 of four new companies answer to the more lenient Federal Energy Regulatory Commission (FERC) instead of the California Public Utilities Commission (PUC).

The PUC formulated an alternate plan based on refinancing, similar to what was done to bail out Southern California Edison. The PUC also wants to keep PG&E's hydro and nuclear power under state oversight.

While no dates have been solidified, the vote should allow PG&E to come out of bankruptcy by its 2003 goal.

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