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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

Reliant Plant in Florida To Begin Operations

LCG, Jan. 16, 2002--A gas- and oil-fired generating facility in Florida, the Osceola Peaking Plant, is undergoing testing before it begins to sell its output.

Reliant Resources, Incorporated, a subsidiary of Reliant Energy, recently merged with Orion Power, resulting in a combined capacity of 21,000 megawatts, when the 465-megawatt Osceola plant is included.

Two-thirds of the plant's generation is under contract to the rural electric cooperative, Seminole Electric Cooperative Inc., while the rest is to be sold to the grid. The facility, near Holopaw, Fla., consists of three 155-megawatt combustion turbines.

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