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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

FERC to Review Possible PacifiCorp Contract Cancellation

LCG, June 26, 2002-A Federal Energy Regulatory Commission judge will determine whether or not PacifiCorp may renegotiate or cancel electricity contracts signed last summer.

The Portland utility signed contracts for this year for up to $262 per MWh from five energy traders. The utility claims that the prices are unfair and therefore illegal.

The Federal Energy Regulatory Commission placed a $92 per MWh cap on electricity prices in the region on June 19 last year, just days after some of PacifiCorp's contracts were signed. Current prices in the area are less than $40 per MWh.

FERC will appoint a judge to the case by the middle of July, and the companies will be given 30 days to settle disputes. PacifiCorp wants to cancel or renegotiate contracts with Reliant Resources Inc., Morgan Stanley Capital Group Inc., Williams Cos Inc., Enron Corp., and El Paso Corp.

The contracts in question involve electricity to be transmitted between July 1 and September 30 of this year.

Scottish Power Plc. owns the Portland-based utility.
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