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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 Asks for Okay on 1,100 Megawatt NorCal Plant

LCG, March 30, 2001Calpine Corp. said yesterday it has filed an application with the California Energy Commission seeking authorization to build a 1,100 megawatt natural gas-fueled, combined-cycle merchant power plant in Northern California's San Joaquin Delta area, near the town of Bethany.

Calpine noted that its filing marks the beginning of an extensive commission licensing process required to build and operate an electricity generating facility in California.

Calpine's East Altamont Energy Center will be built next to a substation owned by the federal Western Area Power Administration. Because of WAPA's involvement, it will serve as lead agency for a federal Environmental Impact Statement review that will proceed at the same time as the Energy Commission review.

Calpine hopes that all approvals can be received in time to begin construction of the new plant in the middle of next year. If so, commercial operation could begin by mid-2004.

The interconnect with WAPA's substation will permit the plant's output to be moved to customers in the San Francisco East Bay, the Central Valley and other Northern California markets.

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