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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

Reliant and Dynegy Receive Federal Subpoenas

LCG, May 28, 2002--U.S. Attorneys have sent energy companies Reliant Resources and Dynegy subpoenas requesting energy trading documents.

The two companies verified that they received the subpoenas this weekend.

Last week Reliant Resources, 83 percent of which is owned by Reliant Energy Inc., restated its 2001 first quarter revenues after admitting it had participated in "round-trip" trades intended to boost trading volume. Reliant Resources says its trading was elevated by 10 percent due to these trades but intends to comply with the subpoenas.

Dynegy, which is under investigation by the Securities and Exchange Commission, says it will also comply with the U.S. Attorney's Office. Last week the company said it would alter its reported 2001 earnings by 12 percent. In addition, last week Dynegy reversed a $79 million tax benefit yielded from the natural gas-related Project Alpha.

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