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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

Brazil Okays 11,000 Megawatt Hydro Project

LCG, April 30, 2001The Brazilian government, anxious to end the nation's electric power shortages with one massive project, intends to move forward with development of an 11,000 megawatt hydroelectric project on the Xingu River in the northern state of Para.

The $6 billion facility was first broached a decade ago but has languished because of environmental concerns, but the government, through the Ministry of Mining and Energy, now intends to proceed with the development at the town of Belo Monte on the Amazon tributary.

Officials at an energy forum in Sao Paulo last week said the plant would be financed with government and private money and could be completed by 2008. It would add almost 16 percent to the installed generating capacity in Brazil.

Original plans for the giant plant have been changed to take advantage of a curve in the Xingu River so that the impoundment will occupy space that is already flooded every year by the river.

The head of Electronorte, Para's state-run utility, said "Before the end of the year, the concession will be tendered and construction by private initiative with the government's support should start."

Changes in the original plans for the project, which make better use of the topography of the area, are hoped to prepare a path for significant external financing, particularly from the World Bank and the Inter-American Development Bank. Brazil's National Development Bank, federal power monopoly Eletrobras, mining giant Cia Vale do Rio Doce and Odebrecht industrial group are also seen as likely to take part in the project.

"It's a good moment to enter this project, which should make the electric system more secure," said National Energy Secretary Afonso Henriques Santos.

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