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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

Cinergy Buys Two Enron Merchant Plants

LCG, March 26, 2001Cinergy Corp. said on Friday its Cinergy Capital & Trading Inc. subsidiary has completed the purchase of two merchant power plants in the Southeastern U.S. from Enron North America for an undisclosed sum.

The two plants acquired by Cinergy are a 494 megawatt natural gas-fueled facility in Brownsville, Tenn., 45 miles northeast of Memphis, and a 504 megawatt power plant, also gas-fired, in Caledonia, Miss., on the Alabama border about 15 miles from Columbus.

Cinergy said in a news release that the two companies had signed a definitive agreement on the plant sale last December and that regulatory approvals have now been received.

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