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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

1,300 Megawatt Idaho Power Plant Planned

LCG, April 17, 2001The year-old independent power producer Newport Generation Inc. said yesterday it plans to build a 1,300 megawatt power plant in Rathdrum, Idaho, 32 miles northeast of Spokane, Wash.

"Rathdrum is an ideal location for energy development since its proximity to key transmission infrastructure is unique," said Scott Noll, vice president for development. "Both a Bonneville Power Administration electric transmission line and a PG&E Gas Transmission Northwest natural gas pipeline intersect the site."

The Kootenai Power Project is planned for a portion of a 320-acre site adjacent to a new 250 megawatt power plant currently under construction by Avista Energy, Inc. and Cogentrix. Upon completion in 2004, the $550 million natural gas-fired combined cycle plant will generate electricity equivalent to that required to meet the needs of a city the size of Seattle, Newport said.

"The Northwest needs electric power and the Rathdrum area's strategic position has attracted power developers," said Robert Kahn, Newport's public affairs director. "We fully expect that our commitment to clean energy and environmental protection will result in a model project."

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