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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

Canada's Ontario Province Faces Power Shortages

LCG, March 8, 2001The Canadian province of Ontario could face electric power shortages if government regulators fail to authorize more private power plants soon, the Toronto Star reported this morning.

Rob McLeese, a spokesman for independent power producers, told the paper that some power plant developers who have been interested in building facilities in the province are "wavering" about investing in Ontario.

"They have plenty of other opportunities around the world, and will cross Ontario off their list if they don't get decisions soon," said McLeese, president of the Independent Power Producers Society of Ontario.

Ontario had planned to open its electricity market to competition last November, complete with a power exchange. But that plan was tabled for six months and then shelved indefinitely. Now, with no date in view where they can sell power onto the provincial grid, the power producers are becoming restive.

"The investors who have the money and the know-how to do this are looking at a global picture," McLeese warned. "They're not looking just at Ontario."

And that could add up to power shortages for the province according to McLeese, because "we don't have any new generation, and our generation is all running down."

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