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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 May Raise Energy Market Admin Fees

LCG, August 21, 2002-Ercot may raise wholesale power market fees by as much as 90 percent.

The Electric Reliability Council of Texas is considering increasing the fees applied to market players. The current administration cost is 22 cents per megawatt-hour, but this may be raised between 36 and 90 percent, according to Ercot chief executive Tom Noel.

The revenue from the fee increase would be dispensed to some 100 market improvement endeavors such as improved transparency. The projects will cost an estimated $100 million and would involve a 42 cent per megawatt-hour fee.

October will see more a more serious move to change in the Texas market as the Ercot board will vote on its budget and may also make changes to board seats, possibly adding members from outside of the Texas market.

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