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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

Entergy Expands Its Nuclear Footprint into the Midwest

LCG, July 13, 2006--Entergy Corp. announced yesterday that it has reached an agreement with Consumers Energy, the principal subsidiary of CMS Energy, to purchase the 798-MW Palisades Nuclear Plant, located near South Haven, Michigan, for $380 million.

Entergy's existing nuclear plants are located in the Southeast and in the Northeast. In the Midwest, Entergy currently operates the Cooper Nuclear Station, owned by Nebraska Public Power District and located in Brownville, Nebraska. Entergy also stated yesterday that it wants to expand its fleet of nuclear power plants in the Midwest and plans to consider buying Wisconsin Energy Corp.'s 1,012-MW, Point Beach Nuclear Power Plant, which is located north of Milwaukee, Wisconsin.

The purchase price for the Palisades Nuclear Plant includes $242 million for the plant itself, $83 million for nuclear fuel, and $55 million in related assets. Other elements of the agreement include: (a) Entergy selling 100 percent of the output from the plant (up to its current capacity) to Consumers Energy for 15 years; (b) Entergy assuming responsibility for future plant decommissioning, with Consumers Energy retaining $200 million of the current $566 million Palisades decommissioning funds balance and the later return of $116 million more pending a favorable federal tax ruling; and (c) Consumers Energy paying Entergy $30 million to take over responsibility for the spent fuel at the decommissioned Big Rock Point nuclear plant in Michigan.

Palisades will be the third nuclear plant owned by Entergy that utilizes the Combustion Engineering pressurized water reactor design. An application for a 20-year extension of the operating license was previously submitted, and Entergy anticipates approval early next year. The existing operating license expires in 2011.
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