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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

Detroit Edison Asks Okay for $1.85 Billion in Bonds

LCG, July 6, 2000--Business customers of Detroit Edison Co. may be able to enjoy the same 5 percent reduction in electricity costs that householders began getting June 5 as a result of Michigans electric industry restructuring legislation, the company said yesterday.The utility has asked the Michigan Public Service Commission to approve issuance of $1.85 billion in securitized bonds to refinance existing debt. The lower cost of the new borrowing will provide resources to implement a 5 percent rate reduction for all business customers, Detroit Edison said.In addition, the proceeds from the securitization will allow the company to create a fund to benefit low-income and energy efficiency programs in the state.Through the issuance of these bonds and the refinancing impact, all of our customers can begin to see some of the hard fought benefits that can be derived from the recent restructuring legislation,said Anthony F. Earley Jr., Detroit Edison chairman and chief executive. The reductions allow business customers to be more competitive in their own businesses and ultimately contribute to a stronger Michigan economy.Under the restructuring legislation, the commission has 90 days to act on the companys securitization application. Earley hopes it acts fast. Given a timely response by the MPSC and the period of time necessary to complete the refinancing, business customers could see the rate reduction as early as year-end, he said.
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