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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

April is 'Texas Electric Choice Month'

LCG, March 29, 2001Texas Gov. Rick Perry signed a proclamation in Austin Wednesday declaring April "Texas Electric Choice Month," and he had plenty of help from state politicians connected with the energy sector in one way or another.

On hand to help the governor name the month were Public Utility Commission of Texas Chairman Pat Wood, Commissioner Brett Perlman, and former Commissioner Judy Walsh, as well as State Senator David Sibley and Representative Steve Wolens, principal authors of legislation that gives Texans the right to choose an electricity provider.

Under a pilot program this summer, 5 percent of the state's investor-owned utility customers can choose an alternative source for electricity. During the month of April, more than 20 cities across the state will conduct a series of flag-raising ceremonies and other events to promote the program, beginning with an event on April 2 in Sen. Sibley's hometown of Waco, Texas.

"The pilot program is designed to give Texans the opportunity to find out how competition forelectric service can work for them," said PUC Chairman Pat Wood. "It also allows the State, the utility companies, and service providers to make sure their computer and billing systems work well before electric choice is fully implemented on January 1, 2002."

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