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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

Mirant, Vattenfall Cancel German Utility Talks

LCG, Sept. 26, 2001--Joint venture talks between U.S. power producer Mirant Corp. and Sweden's Vattenfall to form a dominant utility in Germany have broken off and there is little likelihood of resumption, Mirant said this morning in a FAXed news release.

Mirant's statement said top officials of both firms, meeting in Berlin, had decided to end the talks, which would have created a new electric utility in northeastern Germany by merging four existing companies. The four are Berlin's own utility Bewag, power producer Veag, coal company Laubag and Vattenfall subsidiary HEW.

A chill had settled over the talks this morning when Vattenfall announced that it had already made up its mind on the person who would be chief executive of the utility.

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