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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

China Dismantles its Power Monopoly

LCG, April 16, 2002-Following official announcements over a month ago, last week the Chinese State Development Planning Commission declared that China State Power Corporation (CSPC) assets will be distributed to form new companies.

Four or five power companies, only one of which already exists, will acquire the CSPC assets. The Huaneng Power Corporation will evolve into an independent power company.

The Chinese power grid will be yielded to two new companies; Southern Power Grid Corporation will control Guangdong, Hainan, Yunnan Guizhou, and Guangxi provinces, and the State Power Grid Corporation will initiate five companies to supply north, northeast, northwest, east, and central areas, including Tibet, although it will continue to hold controlling shares of all five.

The new power companies will vie for contracts from the grid operators, and assets will be up for sale once the reforms are launched. The State Development Planning Commission hopes that a fair market will develop from such reforms, and also asserts that companies will receive a lot of incentives for clean power generation.

An independent organization will also be created to monitor the new market.

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