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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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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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Industry News

Quandary over Unfinished Enron Plant in India

LCG, July 16, 2002-Indian lenders are considering seizing the unfinished 2,184 MW Dabhol plant, although many claim the move would be disastrous.

The $2.9 billion Dabhol plant is Enron's most valuable still unfinished asset and was scheduled to be finished in May last year. It is located 90 miles south of Bombay on the Arabian Sea.

740 MW began operations in 1999, but Enron stopped construction before the second 1,444 MW stage was completed because the Maharashtra State Electricity Board, the domestic electricity distribution monopoly, was late in $240 million worth of payments. Seven months later Enron collapsed.

Some 30 financial bodies lent $1.9 billion to the project, and domestic lenders are interested in obtaining court approval to seize the plant in order to sell it and recover losses.

Foreign officials call the idea disastrous because Enron took blueprints and other operation-related documents, and anyone attempting to run the plant without such information would be unable to acquire insurance. Additionally the plant is in poor shape from "rusting away in the jungle" for a year, according to a Reuters interview.

Enron owns 65 percent of Dabhol Power Company, while American companies General Electric and Bechtel each own 10 percent. The project is insured for $220 million in political risk by Overseas Private Investment Corp., which also lent an additional $150 million to Dabhol.

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