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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

Washington Governor Pushes New Power Plants

LCG, March 7, 2001Washington state Gov. Gary Locke announced yesterday several initiatives that will speed up the construction of new power plants, but they won't help the state this year which could be the worst in memory.

The word "drought" is being used with increasing frequency in the Pacific Northwest as low rainfall has left rivers flowing at half their normal rate and the impoundments behind dams at dangerously low levels.

Those impoundments are the fuel tanks for the turbines that produce the Pacific Northwest's normally abundant hydroelectric power.

"We are looking at a drought of near epic proportions," said Steve Wright, administrator at the Bonneville Power Administration. "My guess is that we are looking at a one- to two-year problem."

Locke said the permitting process for a 520 megawatt gas-fired power plant would be sped up in exchange for pollution control measures and signed a permit allowing Chehalis Power Ltd., a unit of Belgian utility Tractebel SA , break ground on the new plant.

Locke also said two other plants would be expedited, a 240 megawatt facility in Goldendale and a 248 megawatt plant in Centralia. In addition, the state will ease emissions restrictions to allow Avista Corp. to run a small peaking unit in Spokane 24 hours a day.

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