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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

Williams Keeps License and Will Sign New CA Contract

LCG, July 29, 2002-The Federal Energy Regulatory Commission decided not to revoke Williams Cos.'s power trading license, and California expects to rewrite a long-term contract with the company.

State officials had asked FERC to order the renegotiation of Williams' long-term contracts signed during the power crisis, when electricity prices were unreasonably high, and officials have also asked for a $9 billion refund from the company.

Williams is expected to sign an agreement addressing California's litigation and claims against Williams.

The state will not comment on the agreement until it has been signed.

On Friday, FERC decided not to revoke the energy company's electricity trading license. Earlier the license was threatened because FERC said that Williams did not completely address an order to make available trading information regarding electricity trades during the California crisis.

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