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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

Scottish Power May Bid $3 Billion for Portland General

LCG, April 30, 2001Scottish Power Plc, the big British electric company that bought PacifiCorp, a multi-state U.S. utility in the Pacific Northwest in 1999, was said yesterday to be considering a $3 billion offer for Enron Corp.'s Portland General Electric Co.

A $3.1 billion deal for Enron to sell Portland General to Sierra Pacific Resources Inc. broke down last week after Nevada put its electric deregulation scheme on hold for fear that problems besetting California might wash across the border between the states. Sierra Pacific had counted on using proceeds from the sale of its Nevada power plants to pay Enron for the Oregon utility, but the plant sales were frozen by Nevada's action.

The British newspaper The Observer observed yesterday that Portland General would be a "perfect fit" with PacifiCorp, which does business in California, Washington, Wyoming, Utah and Idaho, as well as Oregon.

"Portland sits in the middle of PacifiCorp territory in Oregon," an unnamed source told The Observer. "There would be added customers and big synergies in infrastructure, operations, and head office functions. It would make sense."

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