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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

Six Out of 10 Californians Favor Nukes, Poll Shows

LCG, May 23, 2001The threat of rolling blackouts and higher electric bills has Californians rethinking their priorities, according to a Field Poll released yesterday. Nearly six in 10 now want more nuclear plants to produce large quantities of emissions-free power.

"If California is this way, it has to be good news for the nuclear power industry -- major goodnews," said Mark DiCamillo, director of the Field Institute.

When the Field Institute last tested California's attitude toward nuclear power plants in 1984, 61 percent opposed building more nuclear power plants and that was before the explosion at the Chernobyl plant.

The poll was conducted over a 10-day period ending Sunday, with 1,015 state residents answering questions in English and Spanish.

According to the Field Poll, a growing number of Californians also would like to see a softening of strict environmental rules that keep aging power plants from running. In January, only 47 percent would support relaxing the emissions rules, while today 53 percent are in favor.

The prospect of paying huge electric bills came closest to unifying state residents, the poll found. About 70 percent favor federally-imposed price caps on electricity, with support coming from both Republicans and Democrats.

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