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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

Rate Increases Since '90 Greatest in Nevada

LCG, Sept. 10, 2003--Californians and New Yorkers can still lay claim to paying the highest rates for electric power, but those rates have not risen as fast since 1990 as those in Nevada, according to the U.S. Energy Information Administration (EIA), the statistical arm of the Department of Energy.

The average increase across Nevada-based investor-owned and municipal utilities and cooperatives taken into consideration was 60%. The average family in the Las Vegas area, served by Nevada Power Co., pays $107.88, up from $62.75, and has experienced a 74% increase. Nevada Power obtains 60% of its requirements for power from other suppliers at peak-demand hours, said the executive vice president of Nevada Power's owner, Sierra Pacific Resources, Michael Yackira. Rates for all state residents are about 30% less than those paid by California residents.

In neighboring Arizona, rates actually fell, by 11.8%, to an average residential rate of 7.91 cents per kilowatt-hour.

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