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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

Grid Operators in Northeast Work Together

LCG, March 15, 2002-The New York Independent System Operator (NYISO) and Pennsylvania- New Jersey- Maryland Interconnection LLC (PJM) agreed to combine efforts in facilitating power trade in the region.

On Wednesday the northeast operators announced their intent to improve market efficiency by coordinating regulations and resources. They plan to homogenize rules as well as allow for more leeway in decisions, such as which plants will supply a region's regular or emergency needs . Quarterly Reports would be given to the Federal Energy Regulatory Commission (FERC) and state public utility commissions.

If the agreement falls through then FERC may mediate further discussion.

As the nation's first regional transmission organization (RTO), PJM Interconnection controls the largest wholesale power market in the world. NYISO and PJM's combined markets affect supply about 41 million people with electricity in Pennsylvania, New Jersey, Maryland, Delaware, Virginia, Washington D.C, and New York.

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