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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 Combined-Cycle Begins Operations

LCG, April 30, 2002--A 550 MW combined-cycle operation has come on-line ahead of schedule.

The Houston, Texas plant, owned by San Jose, California-based Calpine Corp., will sell steam and electricity to LYONDELL-CITGO Refining LP.

According to Calpine, the system, part of the LYONDELL-CITGO's Channel Energy Center, will combust natural gas in turbines that are 40 percent more efficient than older gas-fired generators. Pre-existing operations at Channel Energy Center provided 190 MW, but the recent completion of the combined-cycle project introduced an additional 360 MW.

Channel Energy Center entered operations in July of 2001 and is located along the Houston Ship Channel.

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