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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

Calpine Plans 1,000 Megawatt Texas Cogenerator

LCG, March 28, 2001-- Calpine Corp. yesterday announced plans to build, own andoperate a 1,000 megawatt natural gas-fired cogeneration plant in Deer Park, Texas, to supplysteam to Shell Chemical Co. and electric power to the wholesale market.

"The Deer Park Energy Center significantly strengthens Calpine's position as the largest independent power producer in Texas," said Peter Hansen, Calpine's director of business development. "It also exemplifies Calpine's ability to meet the stringent thermal energy requirements of a leading industrial consumer, like Shell Chemical, while providing a clean, reliable source of electricity for the growing Texas power market."

Calpine said construction on the plant should begin in July and proceed in two phases. The first phase is scheduled to begin operation by January 2003 and the second, larger phase by June 2004. The plant will consist of four 185 megawatt gas turbines, four heat recovery steam generators and one 260 megawatt steam turbine generator.

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