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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

Calpine Prepares Oklahoma Plant for July

LCG, Apr 26, 2002--A gas-fired power plant in northeastern Oklahoma is nearing the completion of its first stage of construction, and according to merchant developer Calpine Corp., should start producing power in July.

The Oneta Energy Center in Wagoner County, near Coweta, will produce 570 megawatts this year, and by February of 2003, is expected to have another 570 megawatts online. Calpine will own and operate the plant, and output will be sold to the wholesale market.

Currently, there are approximately 20 gas-fired independent power plants on the ground or in development in Oklahoma.
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