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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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NRC Completes Safety Review of Construction Permit Application for TerraPower's Kemmerer Power Station in Wyoming

LCG, December 1, 2025--The Nuclear Regulatory Commission (NRC) announced today that the NRC staff completed its final safety evaluation for the application submitted by TerraPower, on behalf of its subsidiary US SFR Owner, to construct the Kemmerer Power Station Unit 1 in Kemmerer, Wyoming. Unit 1 will be the first nuclear project of its kind using the Natrium advanced reactor design. The evaluation concludes there are no safety aspects that would preclude issuing the construction permit.

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Industry News

NRC Braces for New Nuclear Plant Applications

LCG, April 12, 2001The Nuclear Regulatory Commission is getting ready for a spate of applications from companies wanting to build new nuclear power plants in the United States, a spokesman for an industry association said yesterday.

"We do expect you may begin to see some applications to the Nuclear Regulatory Commission for early site permits perhaps as soon as next year," said Steve Kerekes, a spokesman for the Nuclear Energy Institute.

Under NRC procedures, an application can be made in two or more phases. A developer can ask the commission rule only on environmental and siting issues and not return to those matter when proceeding further into the permitting process.

While the NRC has not issued a new license since 1973, looming electricity shortages coupled with continued concern about emissions from conventional power plants have rekindled interest in the clean-running nukes.

A spokesman for the NRC said "We are taking some steps to prepare for the possibility of new applications," adding that application procedures have also been streamlined. "Before, you had to apply for a construction permit and then an operating permit, those two procedures have now been consolidated."

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