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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

Black Hills Sells Output of Two Small New Plants

LCG, March 21, 2001--Black Hills Energy Ventures, the independent energy business unit of Black Hills Corp., said yesterday it has secured long-term contracts for the output of its new 40 megawatt gas-fired combustion turbine and 90 megawatt coal-fired power plants under construction near Gillette, Wyo.

The company said Cheyenne Light, Fuel & Power Co. will take all 40 megawatts from the gas turbine peaking facility under 10-year contract beginning this September. The plant is scheduled to begin commercial operation in June and will sell power into the regional wholesale market until the contract goes into effect.

Most of the power from the coal-burner has been contracted for by Cheyenne Light under another 10-year arrangement. The Municipal Electric Agency of Nebraska has signed a 10-year contract for the majority of the balance.

Daniel P. Lundguth, Black Hills Corp. chief executive, said "The contracts identify substantial revenue streams that provide sufficient cash flow to service expected debt and lease payments while yielding attractive returns on investment. In addition, coal production will increase at our Wyodak mine as a consequence of operating the new power plant, augmenting its economic contribution to Black Hills Corp."

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