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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

British Energy Willi Receive Government Loan

LCG, Sep. 9, 2002--The struggling British Energy will be the recipient of a £410 million ($640 million) loan from the U.K. government, to be repaid with interest by September 27th, according to the Department of Trade and Industry (DTI).

An official who spoke on condition of anonymity said that an extension of the loan had not been expressly ruled out. A deal that had been under discussion between British Energy and British Nuclear Fuels Limited (BNFL) would have lowered British Energy's cost of processing spent nuclear fuel by about $476 million annually. The Treasury, however, blocked the deal at the last minute, under protest by the DTI.

The cost of processing fuel is a delicate issue, as some in the government have considered whether the fuel might be stored instead. Such a change would severely impact BNFL, which is experiencing its own financial difficulties. BNFL lost $3.6 billion last year.
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