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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

TXU Acquires 51 Percent of German Municipal Utility

LCG, July 14, 2000--TXU Europe said yesterday that it will acquire a 51 percent interest in Stadtwerke Kiel, the municipal energy utility for the capital of Germanys Schleswig-Holstein province, for $215 million.

Stadtwerke Kiel serves about 250,000 electricity and gas customers in and around the city, which lies at south end of the Kieler Frde and is home to a major German naval base. The Kiel Canal connects the North Sea with the Baltic Sea.

Phil Turberville, chief executive of TXU Europe, said "We are delighted that this partnership hasbeen unanimously approved by the supervisory boards and the parliament, and we are veryencouraged by the support we have had from all parties, including the workers council and tradeunion."

Alan Wyatt, a TXU Europe senior vice president, said the acquisition "provides a very strongentry point for us into the German market."

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