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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

Nuclear Regulator Apologizes for Tokaimura Accident

LCG, July 10, 2000--Japans Nuclear Safety Commission apologized in a report submitted to the cabinet Friday for the accident last September that took two lives at the Tokaimura nuclear fuel processing plant 75 miles northeast of Tokyo.Two workers died and a third was badly injured as a result of radiation exposure that occurred when they inadvertently started a nuclear chain reaction. The three had been using ordinary buckets to mix uranium and nitric acid in an unprotected tank. One of them said they were using the shortcut to save time.The commissions report blamed a lack of safety culture for the accident, and took responsibility for not establishing such a culture.We deeply regret that the commission could not fulfill its duties, and we feel tremendous responsibility over being unable to respond to the publics trust, the report said.The commission was more than willing to share the blame with the plants operator, Japan Nuclear Cycle Development Institute. JCN, it pointed out, had instituted procedures not authorized for nuclear installations and then had not even followed its own procedures.
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