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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

RUS Approves Loan Guarantee for Seminole Electric Peaking Plants

LCG, October 7, 2004--Seminole Electric Cooperative, Inc. (SECI) announced that it received approval from the Rural Utilities Service (RUS) of the U.S. Department of Agriculture (USDA) for a $136.474 million loan guarantee to finance the expansion of Seminole's Payne Creek Generating Station.

The existing, 500-MW Payne Creek Generating Station is located in Hardee County, Florida and began commercial operations on January 1, 2002. The initial configuration consisted of two, natural gas-fueled combustion turbines in combination with a steam turbine generator that uses heat recovered from the turbines' exhaust.

Seminole now plans to install five, 62-MW Pratt & Whitney combustion turbines to provide an additional 310 MW of peaking capacity. Construction is planned to begin in February 2006, with operation commencing December 2006. The new units will be fueled by natural gas, with the ability to switch to low sulfur diesel fuel if desired for reliability or economic reasons. The Station is connected to both the Florida Gas Transmission and Gulfstream Natural Gas System pipelines.

The site is owned by an SECI subsidiary and also contains the Hardee Power Station, which was originally owned by TECO Power Services Corporation. The Hardee Power Station, with a combined capacity of 370 MW, is now owned by Invenergy, LLC. The two existing stations share some of the infrastructure at the site.

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