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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

New York's Cross Bay Pipeline Files FERC Application

LCG, July 24, 2000--Cross Bay Pipeline Co., a joint venture between KeySpan Corp., Duke Energy Corp. and The Williams Cos., said Friday it had asked the Federal Energy Regulatory Commission for permission to increase deliveries of natural gas across Lower New York Bay and into New York City.

The $59.5 million project will include transfer of ownership of about 37 miles of Williams' existing Transco Lower New York Bay Extension to Cross Bay, an expansion of those existing facilities through construction of a 16,000 horsepower compressor station in Middlesex County, N.J., pipe replacement and system modifications.

Williams and Duke each have a 37.5 percent ownership interest in Cross Bay, while KeySpan owns 25 percent. Construction is scheduled to begin in July of next year with completion expected by Dec. 1, 2002.

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