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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

Electricity, Gas Facilities Weather Seattle Earthquake

LCG, March 1, 2001A 6.8 magnitude earthquake centered near Washington state capital Olympia at 10:54 a.m. yesterday interrupted electric service to thousands but did not significantly damage the area's power transmission and distribution lines or its natural gas pipelines.

The utility most affected was Puget Sound Energy Co. which said about 200,000 of its electric and gas customers in and around Olympia lost service but repair crews had restored service to all but around 9,000 by 4:00 p.m.

A utility spokesman said the system functioned as it was designed to during the temblor, with circuit breakers shutting off electricity to prevent fires and other problems.

The shaker was felt as far north as Vancouver, British Columbia, and as far south as Portland, ore., the home of a giant federal utility which is the largest power supplier in the Northwest. The Bonneville Power Administration said its hydroelectric facilities in the Columbia River Basin were unaffected.

Ed Mosey, a Bonneville spokesman, said three substations were hit and circuit breakers tripped, but they were turned back on after technicians determined that no damage had occurred. There were few, if any, interruptions on Bonneville's high-voltage transmission lines, he said.

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