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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

Wisconsin Okays More Dry Storage for Point Beach Nuke

LCG, March 14, 2001--The Public Service Commission of Wisconsin voted 3-0 yesterday to approve a request by Wisconsin Electric Co. to build and load additional dry storage containers for used fuel at the company's Point Beach nuclear power plant.

The additional storage will provide enough capacity to allow the plant's two 525 megawatt reactors to continue operating through the expiration of their licenses in 2010 and 2013.

Wisconsin Energy Corp., parent holding company for the utility, pointed out that the U.S. Department of Energy has failed to comply with federal law that requires it to remove the used fuel from Point Beach and other reactor sites, and to dispose of it in a geologic repository. The government's inaction forced the company to resort to dry storage.

In its approval, the commission noted that all conclusions support the company's contention that shutting down the plant would be substantially more expensive than continued operation.

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