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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

ISO Says California Has Enough Capacity for the Summer

LCG, April 22, 2003Californias Independent System Operator said that the state will likely have enough electricity capacity for the peak usage that will come this summer.

Yesterday, the ISO, a not-for-profit entity responsible for reliability in electricity transmission, released a report regarding this summer. In its view, California has sufficient surplus electric capacity to meet peak demand, which in the West comes during the hottest points in the year.

The ISO did note that major plant outages or damaged transmission would alter the otherwise positive forecast.

Summer peak demand is expected to be 42,894 MW, around 450 megawatts higher than during last year but still less than the all-time highest demand of 43,554 megawats, which occurred in the midst of an economic boom in July 1999.

Some analysts worry that the surplus electricity will be insufficient to meet demand in the next few years because new generation projects have been slowed, suspended, or even cancelled due to poor market conditions. Also, older plants, especially coal-fired generators, may slowly go off line as they deteriorate or fail to meet new environmental restrictions.

However, others may point to the fact that lower demand may be in part due to fewer customers because of the slowed economic conditions. Better economic conditions in the future may result in higher demand but may also catalyze new interest in plant development and the resumption of preexisting projects.

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