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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

CFTC Apparently Considering Market Abuse Charges

LCG, Feb. 14, 2003--Cooperation between the Commodity Futures Trading Commission (CFTC), federal prosecutors, and the Federal Bureau of Investigation seems the likely result of a Wednesday meeting of over forty participants organized by the CFTC, which could signal aggressive pursuit of energy market abuse charges.

The CFTC's expertise in commodities markets and oversight of futures exchanges, coupled with the criminal indictment powers of U.S. Attorney offices across the country, may be wielded against traders believed to have submitted false trades to publishers of price indexes. "It's an unprecedented kind of meeting in my experience," Michael Greenberger, a former director of the Commodity Futures Trading Commissions's trading and market division, told Dow Jones. "This meeting smacks of this being taken very seriously."

To date, two sets of charges have been brought by U.S. Attorney's offices, one against Todd Geiger for gas trades he reported in November 2001, and another against former Dynegy trader Michelle Valencia, for reporting in late 2000 and early 2001. In addition to alleged attempts to manipulate energy prices through fabricated price reporting, such strategies as round-trip energy trades could be prosecuted.
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