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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

Texas Utilities Allowed Rate Increase For Fuel

LCG, Aug. 9, 2002--Texas utilities that were not granted a rate increase by the Texas Public Utility Commission were allowed by a state district judge to include rate increases for fuel purchases.

The PUC had sent the rate case by the utilities to the State Office of Administrative Hearings several weeks ago, and will review the rate case on Sept. 25, as planned. The companies include Reliant Resources and TXU Corp., among others. Injunctive relief is being permitted by Judge John Dietz until the PUC hears the rate case, or seeks an appeal to the injunction.

Fuel price increases of at least 4 percent over a 10-day period are to be justification for rate increases by utilities up to two times per year, according to rules on rates. The PUC had expressed concern about natural gas pricing, while an administrative law judge conclued that rate increases could lead to large profits. Dietz said of the PUC's denial of the increase, "I find this is an arbitrary and capricious exercise of its power."

Energy marketers who wish to compete with the utilities as alternative suppliers may have a better chance of undercutting the utilities' prices, said Chris Reeder, a lawyer representing Green Mountain, AES New Energy and Strategic Energy.
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