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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

Jordan Cove Energy Project Clears Hurdle for New LNG Terminal

LCG, August 26, 2008--The Oregon Land Use Board of Appeals (LUBA) last Friday denied an appeal that would block the proposed Jordan Cove Energy Project. The LNG terminal is proposed to be built at Coos Bay, Oregon to receive liquefied natural gas (LNG) for re-delivery to the Pacific Northwest and adjacent markets via an expanded interstate pipeline system.

Opponents argued that Coos County?s approval of the permit was not consistent with Coos Bay Estuary Management Plan or state land use requirements, but LUBA did not accept the arguments. Opponents may appeal the decision within 21 days.

The Jordan Cove Energy Project is being developed by Jordan Cove Energy Project L.P., a limited partnership comprised of Fort Chicago Energy Partners L.P. and Energy Projects Development, LLC.

The project design includes a regasification capacity of one Bcf/day, 6.4 Bcf of LNG storage capacity, and plans for an interconnection to the proposed Pacific Connector Pipeline, with a transport capacity of 1 Bcf/day.

The Jordan Cove Energy Project is competing with two other LNG terminals proposed along the Oregon coast and awaiting approval from the Federal Energy Regulatory Commission (FERC). The other two projects are The Bradwood Landing LNG terminal and the Oregon LNG project, both located east of Astoria.
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