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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

Calpine to Add 100 Megawatts at Florida Plant

LCG, July 7, 2000--Calpine Corp. said yesterday that it would add 100 megawatts of peaking capacity at its Auburndale, Fla. cogeneration plant near Winter Haven in central Florida and would take over operational responsibility.Calpine, which acquired a 50 percent interest in the facility in 1997, also said it had purchased the remaining half ownership in Auburndale from Edison Mission Energy, an Edison International Inc. unit that has operated the facility. The plant sells electric power under contract to Florida Power Corp. and steam to two local industrial customers.Bob Alff, a Calpine senior vice president, noted that Edison Mission Energy had been a great partner and added Acquiring full control at Auburndale will serve as a springboard for our further expansion into the Florida power market.Calpine said it would begin permitting activities immediately for a 100 megawatt gas-fired peaking turbine for Auburndale and planned to have it in operation by the summer of next year.Despite an environment hostile to out-of-state power producers, Calpine plans to press on with development of a 540 megawatt Osprey Energy Center adjacent to Auburndale and a 1,080 megawatt Blue Heron Energy Center near Vero Beach.Earlier this year, the Florida state Supreme Court ruled that Duke Energy Corp. could not develop a merchant power plant near New Smyrna Beach. The ruling was in response to pressure by the states three investor-owned utilities to keep competitive electric generation companies out of Florida.
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