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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

Construction Begins on 150-MW Solar PV Project in Southern California

LCG, September 20, 2013--First Solar, Inc. announced Wednesday that construction has commenced on the 150-MW Solar Gen 2 project, located in Imperial County, California. The project is scheduled to be complete by July 2014.

San Diego Gas & Electric (SDG&E) will receive the power generated from the facility under a 25-year power purchase agreement (PPA).

The Solar Gen 2 project design calls for the installation of solar photovoltaic (PV) modules mounted on a tracking system that follows the sun across the sky to maximize power generation.

First Solar purchased the Solar Gen 2 project last April from Energy Power Partners, an affiliate of The Goldman Sachs Group, Inc.

California?s Renewable Portfolio Standard (RPS) was originally established by legislation in 2002, and subsequent amendments have led to the requirement for California?s electric utilities to have 33 percent of their retail sales served by eligible renewable energy resources in 2020 and all subsequent years. Interim targets for the utilities are 20 percent of retail sales by December 31, 2013, and 25 percent by December 31, 2016.
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