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Constellation and Google Announce Strategic Collaboration that Includes 890 MW of New Nuclear Capacity to PJM Grid

LCG, October 6, 2026--Google and Constellation Energy today announced a long-term strategic clean energy collaboration to bring 890 MW of new, reliable, carbon-free nuclear capacity onto the PJM Interconnection grid to meet growing demand and increase grid reliability. The first uprate is expected to be delivered by 2028.

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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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Industry News

Privatization of Two Peruvian Companies On Hold

LCG, June 20, 2002--Major political upheaval continued over the privatization of two Peruvian power companies, as President Alejandro Toledo issued a letter of apology yesterday, and suspended the sale.

Negotiations between the government and local officials and civic leaders led to a decision to let the nation's high court decide the legality of the sale. Belgian firm Tractabel, which was declared the top bidder for the companies last Friday, accepted the decision.

A group of mayors put their support behind a referendum on the issue, rather than consideration by the high court. Widespread protests by some fearing job cuts and higher power tariffs had led to a 30-day state of emergency being declared, but with the reading of the president's letter Wednesday, Vice President Diez Canseco said that the state of emergency would be lifted by Friday. Alejandro cancelled a trip to the United States and Nicaragua in response to the protests.
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