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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

Calpine Completes Phase II of Pastoria Energy Center

LCG, July 7, 2005--Calpine Corporation announced yesterday that operations have commenced for Phase II of its Pastoria Energy Center, located south of Bakersfield, California. Phase I of the project, with a capacity of 250 MW, began delivering power to Southern California in early May. Phase II adds another 500 MW of gas-fired, electric generating capacity for serving electric loads in Southern California.

The Pastoria Energy Station is an efficient, combined-cycle facility that produces a relatively limited quantity of air emissions, including greenhouse gases.

At the end of May, Calpine's Metcalf Energy Center, located in San Jose, California, began operations. Similar to the Pastoria Energy Station, the Metcalf Energy Center is a 600 MW, combined-cycle power plant. The Pastoria and Metcalf plants provide a significant increase in power supplies to meet California's growing demand for electricity. Following the completion of the two projects, Calpine's California assets will total over 5,750 MW.

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