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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

Luminant Allowed to Mothball Nearly 1,200 MW of Coal-fired Generation in Texas

LCG, November 1, 2012--The Electric Reliability Council of Texas (ERCOT) approved Luminant's proposal to mothball two coal-fired electric generating units at the Monticello Power Plant, located in northeastern Texas. ERCOT concluded the two units will not be necessary to ensure grid reliability through the upcoming winter and spring.

Luminant will mothball Monticello 1 and 2 commencing on December 1 for six to seven months. The capacity of each unit is 583 MW; Monticello 3, with a capacity of 763 MW, will remain available to produce power. The plant burns lignite, supplemented by Powder River Basin coal.

The units are approaching their 40-year anniversaries; Units 1, 2, and 3 commenced operations in 1974, 1975, and 1978, respectively.

According to Luminant, wholesale power prices are too low to support the costs required to keep the units available and to generate power.

In order to maintain reliable power resources, Texas regulators are taking some action to encourage new generation to be built and/or to defer retirement of existing generation. Last Thursday, the Texas Public Utility Commission voted to increase the price cap on wholesale electricity from $4,500/MWh, starting in June 2013. Initially, the cap will increase to $5,000/MWh, with subsequent annual increases reaching $9,000/MWh on June 1, 2015.
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