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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

New Jersey BPU Approves Settlement with PSE&G for Solar Investments

LCG, May 31, 2013--The New Jersey Board of Public Utilities (BPU) voted Wednesday to approve a modified settlement agreement with Public Service Electric & Gas (PSE&G) to invest up to $446 million in solar projects over three years.

Under the agreement, PSE&G may spend $247 million on 42 MW of solar generating capacity located on brownfield sites (including landfills), plus 3 MW of smaller projects. In addition, PSE&G would invest up to $199 million on 97.5 MW of new solar generation via a loan system.

The modifications to the settlement include oversight provisions that require PSE&G to: provide the BPU with monthly financial and progress reports; submit within 30 days its criteria for selecting projects and developers; and provide the BPU and ratepayer advocate ten days to review contracts prior to execution.

The New Jersey Division of Rate Counsel had opposed the agreement based upon its belief that there were inadequate safeguards to limit utility spending and that the ten percent return PSE&G would receive was too high.

The investments to develop solar power are also valued as a means to improve reliability in the wake of Hurricane Sandy.
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