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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 New England Files Testimony for Locational ICAP

LCG, September 1, 2004--ISO New England filed testimony yesterday with the Federal Energy Regulatory Commission (FERC) regarding the development of ISO New England's proposed Locational Installed Capacity (Locational ICAP) market, which is designed to attract new generation on a locational basis to improve electric reliability.

The new testimony follows ISO New England's filing of March 1, 2004, which included a proposal to create four ICAP Regions: Northeast Massachusetts-Boston, Maine, Connecticut, and Rest of Pool. In the subsequent FERC Order issued on June 2, the FERC proposed the division of the Connecticut Region into two locational ICAP Regions (Southwest Connecticut and Rest of Connecticut), to which the ISO agreed in a July 2 compliance filing.

In the June 2 Order, the FERC accepted ISO New England's proposed sloping demand curve and the locational market design; however, it rejected the transition plan and set three general issues for hearing: the parameters of the demand curve, Capacity Transfer Limits (CTLs), and capacity transfer rights (CTRs). The ISO's latest testimony addresses these issues, including a refined analysis of the estimated cost of new, peaking generation in New England.

ISO New England anticipates a final decision on the market's design from the FERC in June 2005 and implementation on January 1, 2006.

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