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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

Philly Gas Works asks for $64 Million Rate Cut

LCG, May 4, 2001--The Philadelphia Gas Works, the big municipal natural gas utility in the City of Brotherly Love, said yesterday it has filed a request with the Pennsylvania Public Utility Commission to lower gas cost rate. The reduction could result in nearly $64 million in savings for its more than 500,000 customers in the city.

The gas cost rate is a separate charge on Philly Gas Works' customers' bills that reflects the blended cost of natural gas that the utility pays to its suppliers. That cost is passed on to customers without any profit added to it, the gas works said.

The utility is proposing to lower the gas cost rate from $6.6959 to $5.5959 per one thousand cubic feet on September 1.

"This should result in an annual savings of about $110, more than seven percent, for the typical Philadelphia Gas Works residential home heating customer," said Thomas Knudsen, interim chief financial officer.

"This is great news for our customers," he continued. "It indicates that the supply of natural gas isimproving following a tough winter. Additionally, Philadelphia Gas Works is saving by buying and storing reserves at lower market prices and passing those savings on to our loyal customers."

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