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News
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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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LCG, October 2, 2026--We Energies, a subsidiary of Milwaukee-based WEC Energy Group, and Oracle today announced an agreement that would allow Oracle to "subscribe" to between 10 percent and 20 percent of the Point Beach Nuclear Plant’s electricity generation. Oracle will provide the carbon-free energy to Project Lighthouse, the data center campus in Port Washington that Oracle is co-developing with artificial intelligence firm OpenAI.
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Industry News
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.
The conditional loan commitment further advances President’s Executive Order Reinvigorating the Nuclear Industrial Base. The goals of the new conditional loan commitment are to deliver more reliable American electricity, strengthen the grid, lower costs, and meet growing power demand across the PJM region. Before DOE enters into definitive financing documents and funds the loan, Vistra must satisfy certain technical, legal, environmental, and financial conditions.
Vistra’s planned nuclear power investments at Beaver Valley I and II (1,872 MW) in Pennsylvania and Davis-Besse (908 MW) and Perry (1,268 MW) in Ohio are expected to produce more electricity from existing nuclear plants without requiring new transmission corridors or equivalent new generation resources. In addition, the investments support the plants’ operation for an additional 20 years beyond their existing licenses. Furthermore, EDF’s conditional loan commitment includes an option to finance potential future uprates at Vistra’s Comanche Peak I and II (2,400 MW) in Texas.
The DOE Secretary stated, "President Trump promised to unleash an American nuclear renaissance, and the Energy Department is delivering. By getting more power out of the nuclear plants we already have, we can deliver more affordable, reliable, around the-clock energy for American families and businesses."
The EDF Director said, "President Trump and Secretary Wright have set a clear direction for America’s nuclear future, and EDF is financing the projects that advance that mission. These investments will extend the life of existing reactors, increase nuclear generation, and deliver abundant, around-the-clock power to lower costs and power American prosperity for decades to come."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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