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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

NRC Optimistic About Restarting TVA's Browns Ferry Nuclear Reactor

LCG, November 2, 2006--The chairman of the Nuclear Regulatory Commission (NRC) stated Tuesday that restarting Unit 1 at Browns Ferry Nuclear Plant in May of next year appears quite "doable." The reactivation of Unit 1 will add 1,200 MW of capacity to the generating fleet of the Tennessee Valley Authority (TVA).

TVA is the owner and operator of the plant, which is located beside Wheeler Reservoir on the Tennessee River, near Athens, Alabama. There are three General Electric boiling water reactors at the plant. Unit 1 commenced commercial operation on August 1, 1974, but safety concerns led to its closure in 1985. Units 2 and 3 were also closed for a period but returned to operations in the late 1990s and are currently generating power.

TVA plans to restart Unit 1 in May 2007 following plant upgrades that are estimated to cost $1.8 billion.

The TVA Board voted to return Browns Ferry Unit 1 to service in May 2002.




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