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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

Financial Condition of British Energy Could Reflect on Bruce Power

LCG, Sep. 6, 2002--With the privatized British Energy seeking U.K. intervention to prevent insolvency, conditions at one of its subsidiary's nuclear plants in Canada are seen as having the potential to be adversely affected.

The Canadian Nuclear Safety Commission would like assurance that during the next six months, Bruce Power will have the financial resources to operate its eight nuclear reactors in Ontario without trouble. The commission's request is a part of its normal role, in which nuclear operators are required to provide updates at three month intervals.

"As one of the conditions of its operating license, Bruce Power is required to have financial guarantees that if ever they should have to cease operations there would be financing available to them to cover their operations for six months to ensure a safe shutdown," spokesman Michel Cleroux of the CNSC disclosed to Reuters.

If British Energy, as an 82-percent owner of Bruce Power, cannot provide adequate reassurance to the licensing body, Bruce Power would need to seek its own financing arrangements. Bruce Power is also owned by Cameco Corp., a miner of uranium.
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