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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

FERC Judge Rules States Cannot Block AEP from PJM

LCG, Mar. 12, 2004--An Administrative Law Judge with the Federal Energy Regulatory Commission (FERC), William Cowan, has issued an order that aims to speed up the entry of American Electric Power Co. (AEP) into the Pennsylvania-Jersey-Maryland Interconnection (PJM), the mid-Atlantic grid administrator.

The ruling came as a result of earlier conflicts between FERC's interest in having utilities join regional transmission organization and laws passed by Virginia and Kentucky that are intended to block its entry into PJM. The ruling allows the states to file briefs detailing exceptions to the ruling within 15 days. AEP is now scheduled to make a transition to PJM membership by October.

Both Virginia and Kentucky's legislative strategies are based on concerns among regulators and legislators that the inclusion of AEP could raise costs for customers. For its part, FERC feels that open access for suppliers besides established utilities can lower costs.
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