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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

Operators Shut Down Niagara Mohawk's Nine Mile Point 1

LCG, Oct. 3, 2000--Operators manually shut down the Nine Mile Point Unit 1 nuclear power plant at 6:25 a.m. yesterday after the unplanned opening of a reactor relief valve, Niagara Mohawk Power Corp. said.

The opening of the relief valve lead to increased water levels in the plant's drywell, a structuresurrounding the reactor and designed to collect water discharged from the reactor. The increasedwater level in the drywell caused operators to declare, as required, an "Unusual Event" and notify the Nuclear Regulatory Commission.

The report was filed at 7:12 a.m. and noted that the reactor was manually "scrammed" from an operating level of less that 1 percent of capacity. It was just beginning the restart process following a maintenance outage.

Later yesterday, Niagara Mohawk reported that Nine Mile Point 1 was in cold shutdown mode and that the Unusual Event was terminated at 9:05 a.m.

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