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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

Progress Energy Seeks Increase for Fuel Costs

LCG, June 9, 2003--While the base rates paid by North Carolina customers of Progress Energy Carolinas for electricity have remained stable for roughly a decade, the utility is seeking a rate increase based on its prior and future fuel costs.

The utility is seeking a 2.2 percent increase in overall revenues, or an increase of $53.6 million overall, based in part on the difference between what has been taken in and what it paid through March 31. As a pass-through charge, this component of the typical customer's electric bill is considered separately from the base rate. According to Progress, the typical customer would pay $1.53 more per month.
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