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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

Indiana Plant Moving Ahead

LCG, Apr. 11, 2002--Allegheny Energy Supply, a unit of Allegheny Energy Inc., has announced that construction of a 630-megawatt, combined-cycle, gas-fired power plant is scheduled to begin later this month.

According to Allegheny Energy Supply president Michael Morrell, "the output from this facility will give us additional generating capacity in the Midwest to complement the 1,710 megawatts we already own in Indiana, Illinois and Tennessee." The plant is to be located in Olive Township, in St. Joseph County. Operations are scheduled to begin in mid-2004.

Black & Veatch Construction, Inc. will serve as turnkey contractor for the project.
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