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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

Construction Halted on Washington Plant

LCG, Aug. 9, 2002--The Mint Farm power plant project, a 270-megawatt facility now under construction in Washington state, will be temporarily halted based upon a decision by Mirant Corp., the developer.

The facility, in the town of Longview, is now approximately one-third completed, and was to have become operational by June 2003.

The Shaw Group, the company responsible for design and construction, also had negative news concerning a Mississippi construction project on Monday this week. The client, NRG Energy Inc., of Minneapolis, could not make a scheduled payment, and sold the project to the Shaw Group for $43 million.
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