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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

Peruvian Privatization Woes Lead to Director's Resignation

LCG, July 22, 2002-Peru's executive director of privatization resigned as the sale of government electricity assets has been repeatedly delayed.

Ricardo Vega Llona, who resigned once before in late June, resigned for good. Alberto Pasco-Font has taken his position as executive director.

The Peruvian government postponed the sale of state-owned energy companies Egasa and Egesur several times because of public outcry and fears on the part of the purchasers. Belgian energy company Tractabel won the bidding on Egasa and Egesur, but the final sale was postponed in the midst of widespread riots in southern areas of Peru.

Peru decided to sell government assets this year in order to raise $700 million, but Vega Llona contends that the privatization will not yield the expected cash.

Now government officials say that Egasa and Egesur, along with some other assets, will not be sold until after elections in November.

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