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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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DOE Selects TVA and Holtec to Rapidly Advance Deployment of Small Modular Reactors

LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.

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Industry News

Massachusetts Politicians Request Delay in SeaBrook License Extension

LCG, January 23, 2019--Two U.S. senators and a U.S. representative from Massachusetts jointly sent a letter to the Nuclear Regulatory Commission (NRC) last week opposing the NRC's decision to grant NextEra, the owner of the Seabrook, New Hampshire, nuclear power plant, a 20-year license extension and amendment later this month for the plant.

The NRC had recently announced plans to grant NextEra the extension of its operating license "on or about January 30," together with an amendment to the license regarding the presence of concrete degradation at the plant caused by alkali-silica reaction (ASR), which was discovered in 2009. The politicians requested a delay in the license amendment and renewal until after this summer's Atomic Safety Licensing Board hearing, which would include public input.

A NextEra representative stated, "Since 2011, the Nuclear Regulatory Commission has held more than a dozen public meetings, with the opportunity for members of the community to weigh in. Public meetings are an important part of the NRC's process, and we expect public conversations to continue. License renewal is important for protecting the role of Seabrook Station as a regional asset and a producer of clean, reliable and low-cost electricity for New England."

Commercial operations for the 1,250-MW pressurized water reactor (PWR) began in August 1990. The current license is due to expire March 15, 2030, and the license extension will enable carbon-free, electric generation from the nuclear facility into 2050.
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