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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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We Energies and Oracle Announce New Agreement for Point Beach Nuclear Plant to Power Project Lighthouse

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

CA Public Utilities Commission to Issue Generator Analysis Supplement

LCG, Jan. 30, 2003-According to a California Public Utilities Commission spokeswoman, the CPUC will release a supplemental report regarding generator operations and available capacity during 2000/2001.

The Commission' is expected to present the supplement today as announced by PUC spokeswoman Terrie Prosper.

The PUC will attend to objections raised by electricity generators at the release of the initial report, which asserted that generators unnecessarily withheld electricity during the rolling blackouts of 2000 and 2001. The first report, published in September 2002, asserted that the California energy crisis could have been avoided if more plant capacity had been made available. This statement has been rigorously disputed by electricity generation companies. Generators have said the PUC report underestimates the effect of the California ISO directions to generators and overestimates power plant capacity statewide.The companies specifically under scrutiny are AES Corp., Dynegy Inc., Mirant Corp., Williams Cos., Duke Energy Corp., and Reliant Resources Inc.

Since September, Duke Energy has sent 89 requests to the PUC for report-related data, calling for the names of those who contributed to the report.

The initial report was given by former Commission president Loretta Lynch during a California senate panel hearing.
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