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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

Capacity Increase Planned for North Dakota Wind Farm

LCG, January 23, 2007--Minnesota Power announced Friday plans to purchase wind power from the Oliver Wind II Energy Center that is to be constructed in North Dakota. The wind project will be built, owned and operated by a wholly owned subsidiary of FPL Energy. The project, which has a design generating electric capacity of 48 MW, is scheduled to be operational by the end of this year.

The Oliver Wind II Energy Center is sited adjacent to the new Oliver Wind I Energy Center, which has a generating capacity of 50.6 MW and commenced operations last month. Minnesota Power purchases all of the output from Oliver Wind I under a long term purchase agreement and will purchase all of the power from Oliver Wind II.

The plans for the Oliver Wind II Energy Center consist of 32 wind turbines, each with a design capacity of 1.5 MW. The turbines are to be manufactured by General Electric.
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