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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

Canadian Merger Would Form Largest North American Independent Oil and Gas Producer

LCG, Apr. 4, 2002--The merger of Alberta Energy Co. and PanCanadian Energy Corp. appears likely as shareholders of both companies vote their interests today.

The deal, which would create EnCana Corp., has been under discussion since October, when oil and gas prices were sigificantly lower. The director of oil and gas research at Scotia Capital Inc., David Stenason, said, "I think the cash flow is going to be unbelievable for this company and it's [higher commodity prices] giving EnCana a great start."

The approval by a majority of shareholders is thought to be more than likely. According to the details of the proposal, PanCandian would offer 1.4772 shares per AEC share. Gwyn Morgan, who organized the deal and is CEO of AEC, said the new entity would not only be the largest independent natural gas producer in North American but would also have the highest "internal growth."
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