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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 Utility Cost Recovery Trial to be Held Next Year

LCG, August 19, 2002-California utility Pacific Gas & Electric claims it should be allowed to recover its losses from consumers, and a trial will take place June 9, 2003 to determine whether or not the CPUC kept the utility from operating profitably.

During the electricity crisis of 2000/2001, the utility incurred some $9 billion in undercollections because the California Public Utilities Commission had frozen retail electricity prices to protect consumers. PG&E utility is suing to recover the losses caused by high wholesale rates and low retail rates.

U.S. District Court of San Francisco has found that there is legal basis for the trial and has set a date. The discovery period will take place between November 6 and February 11, and settlements will be allowed before April 18.

The utility is currently in court regarding its emergence from bankruptcy. Friday will see oral arguments heard in Federal court. The utility's bankruptcy plan requires pre-empting state laws, action unacceptable to the state bankruptcy Judge involved; the matter has been taken to Federal court on appeal.

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