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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

Newsmakers

EnergyOnlines weekly wrapup of the goings and comings of key people in the energy industries.

Debra L. Lee, president and chief operating officer of BET Holdings II Inc., has been elected a director of Washington Gas Light Co. BET is a multi-media firm that owns and operates Black Entertainment Television, and other assets.

Nancy Morovich has been named vice president for investor relations by Entergy Corp., replacing E. Renae Conley, who was recently named president and chief executive of Entergy Louisiana. Morovich most recently was chief financial officer for utility operations.

Joseph M. Russo has joined Niagara Mohawk Power Corp. as vice president for public affairs and corporate communications. He was most recently vice president for corporate affairs with The Hertz Corp., a subsidiary of Ford Motor Co.

Clark C. Smith has been named president of El Paso Merchant Energy Co., the energy sales, trading, and risk management unit of El Paso Energy Corp. He replaces Greg G. Jenkins, who has become president and chief executive of El Pasos telephone business.

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