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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

NY Short-Circuit May Cause Summer Troubles

LCG, May 22, 2002-A major Long Island Power Authority transmission line has short-circuited.

Crossed wires in a 3 mile underwater part of the line probably caused the problem in the 18-mile transmission line, which connects Oyster Bay and Westchester County by way of the Long Island Sound.

If the problem is in the underwater portion and requires replacement transmission, the line may not be serviceable until after the peak-demand summer months, posing a significant problem for LIPA and power officials. According to LIPA chairman Richard Kessel, keeping the transmission line up may be the biggest pre-summer challenge that LIPA has ever encountered.

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