EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Senate Energy Committee Puts Nuclear Assistance into Energy Bill

LCG, Apr. 11, 2003--As much as $30 billion worth of loan guarantees for the building of six new nuclear power plants producing 8,400 megawatts were approved by the Senate Energy Committee as part of a broader energy bill yesterday.

Sen. Pete Domenici, R-N.M., has already indicated that he believes nuclear power is an important part of the nation's energy portfolio. "This committee is no longer frightened to death with the notion of nuclear power," Domenici, the chairman of the committee, said. The loan guarantees, for which no specific amount was given, would cover half of the cost of individual plants, estimated by lawmakers at $10 billion apiece.

The private insurance industry has not offered coverage for the full amount of claims that could be incurred following an accident at a nuclear plant. The Senate Energy Committee also voted to prolong for the foreseeable future coverage provided the government for claims over $9.3 billion.

"Nuclear power is a mature technology today," said Sen. Jeff Bingaman, D-N.M. "I can't see a justification for the taxpayer picking up such a substantial portion of these costs."

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service