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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

CA Electricity Contracts May See Formal Hearing

LCG, August 28, 2002-Officials responsible for electricity purchases on behalf of Californian consumers and many of the companies selling wholesale power have not yet reached an agreement over contracts signed last year.

Eight companies, including El Paso Corp., Dynegy Inc., and Sempra Energy, started new talks with the Federal Energy Regulatory Commission today in order to reach settlements over contracts originally signed during the California power crisis.

California claims that the power contracts in question are unreasonably expensive because they were written during a time when wholesale electricity prices were unusually high and the state was desperate to buy power. Californian officials have also made demands that refunds be given for what it calls unfairly high prices paid for electricity in 2000 and 2001.

If no further progress is made on the contracts by tomorrow, FERC Chief Judge Curtis Wagner will begin a formal hearing on Friday.

However, GWF Energy LLC managed to settle claims with California this week, resulting in $215 million in savings for California on a 10 year contract. The company is also constructing a 164 MW plant in Tracy.

Earlier this year Calpine Corp. and Constellation Energy Group came to agreements with California, decreasing contracts by $3.5 billion, or 23 percent.

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