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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

PJM Files Reliability Pricing Model with FERC

LCG, September 1, 2005--PJM Interconnection (PJM) announced yesterday that it has filed with the Federal Energy Regulatory Commission (FERC) a new capacity pricing model to improve grid reliability and better ensure adequate electric supply.

The Reliability Pricing Model (RPM) follows a multi-year, stakeholder process. The model is designed to signal the need for investment in new power supplies and to provide consistency that would create an environment more attractive to investors. Wholesale capacity prices may vary by location in order to incent new generation where it is needed relative to load locations and transmission constraints. Other key features in the model are designed to address demand side management and to incent new transmission infrastructure as an alternative to new generation.

PJM, which has significantly expanded its service area over the past two years, now operates the power grid for all or parts of Delaware, Indiana, Illinois, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.

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