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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

Transcripts Suggest Top Enron Execs Knew of Market Manipulation

LCG, May 18, 2004--A former executive at Enron Corp. for regulatory affairs spoke with an energy trader in a way suggesting that Enron's chief executive Jeffrey Skilling and chairman Kenneth Lay were informed of manipulative power trading strategies involving purchases by California buyers, according to a transcript obtained by the Justice Department.

The routine transcript shows that the director of California regulatory affairs, Susan Mara, asked a trader during Sept. 14, 2000, "Do you know when you started overscheduling load and making buckets of money on that?" A trader involved in overscheduling could have made it appear that no more power could flow on a transmission line into California, creating the illusion that power shortages existed. The transcript, which was released by a municipal utility in Washington state, also quotes Mara as saying, "This is the time of year when government affairs has to prove how valuable it is to Ken Lay and Jeff Skilling."

The former chief of West Coast power trading, Timothy Belden, is found in another transcript saying of a power trader, "Well he makes... between one and two [million] a day, which never shows up on any curve shift... He steals money from California to the tune of about a million -". A request by another speaker to Belden to modify what has been said leads Belden to articulate, "He, um, he arbitrages the California market to the tune of a million bucks or two a day."

Belden has pleaded guilty to conspiracy charges, and is aiding federal authorities in their investigation. Belden's attorney told the Los Angeles Times that the meaning of the conversation in the transcript could not be gleaned without knowledge of the rest of the exchange.
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