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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

SoCal Ed Special Session Put Off a Week

LCG, Sept. 28, 2001--California Gov. Gray Davis yesterday called a special session of the state legislature for October 9 in an effort to get legislation passed that would save the state's second-largest utility, Southern California Edison Co., from bankruptcy.

The governor's office had said earlier this week that the special session would be called for October 2 -- next Tuesday.

Steve Maviglio, the governor's spokesman, said the delay would be used to build political support for the SoCal Ed "rescue" package. "We've had constructive talks all week and we want to continue those talks," he said.

"This is a time of great economic uncertainty," Davis said in a statement announcing the session. "Another utility bankruptcy is not in anyone's interest."

Davis faces two huge obstacles in his effort to keep SoCal Ed out of bankruptcy court, where the state's largest utility, Pacific Gas & Electric Co. put itself in April when it sought protection under Chapter 11 of the U.S. bankruptcy law.

In the first place, two of SoCal Ed's leading creditors, Mirant Corp. and Reliant Energy inc., have been openly seeking support for a petition that would force the Southern California company into involuntary bankruptcy. It only take three creditors to file such a petition and the utility has hundreds of creditors who are nervous about getting their money.

The other hurdle is gaining support from lawmakers, even those within his own Democrat Party. When the legislature adjourned for the year on September 15 without passing a SoCal Ed bailout measure, Democrat Sen. John Burton, president pro tem of the state Senate, said "We should have killed this baby once and for all," referring to the rescue package.

Burton said at the time that the SoCal Ed legislation had support of only seven members of the 40-member chamber.

A third problem for Davis might be that one or both houses of the legislature might simply refuse to convene a special session. Sources in the state Senate said that Burton would only return for a special session if an agreement had been reached and progress in the past few days indicated that a deal was possible.

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