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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

Nova Scotia Power to Purchase Electricity from Amherst Wind Project

LCG, August 19, 2005--Nova Scotia Power (NSPI) announced that it has executed a 15-year agreement to purchase power from the Amherst Wind Energy Project, located on the Tantramar Marsh along the border between Nova Scotia and New Brunswick. The project is scheduled to commence operations in 2007.

The 31-MW project, with an estimated cost of $60 million, is a joint venture between Wind Dynamics Inc. of New Brunswick and EHN Windpower Canada, a wholly owned subsidiary of the Spanish conglomerate Acciona.

Over the past 16 months, NSPI has awarded contracts with independent power producers for 100 MW of wind power.

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