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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 Bankruptcy Judge Considers Clashing Reorganization Plans

LCG, Jan. 17, 2002--At a hearing yesterday, U.S. Bankruptcy Judge Dennis Montali said that the California Public Utilities Commission would need to "tell me and show me that it really has some viable alternative," to PG&E's proposed reorganization plan.

Montali told those present at the hearing that PG&E's intent to transfer its assets outside the purview of the CPUC was "enormously risky". The CPUC, Montali said, would need to explain the details of how PG&E would pay its creditors.

The agency contends that by using about $5 billion that it now has at its disposal, PG&E would be able to start reimbursing creditors. Excess revenues earned in the future could also be utilized, it found. Alan Kornberg, a PUC lawyer, told the judge that its proposal specified a more reliable source of funding than refunds from power generators, as proposed by PG&E.

Montali is scheduled during a hearing on Jan. 25 to consider arguments on whether PG&E may override state and local laws as part of a reorganization plan. If PG&E were allowed to override the laws, legal disputes could result, according to the PUC.

Saying that his decision would likely come some days following the hearing on the 25th, Montali said the PUC plan "maybe has less uncertainty." He also stated that he was hopeful that more progress might be made between the PUC and PG&E through mediation.

At issue as well is the speed of approval of a reorganization plan. The official creditors' committee has expressed conditional support for the PG&E plan.

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