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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

Long Island Power Authority Plans 10 Small Peakers

LCG, Oct. 16, 2001--The Long Island Power Authority said yesterday it plans to build 10 small electric "peaking" power plants in Nassau and Suffolk Counties, N.Y., that will add 408 megawatts of capacity by next summer.

The program will be similar to that of the New York Power Authority which, despite minor local opposition, built 10 small peakers in New York City and one on Long Island to get the Big Apple through this year's summer demand.

"We have just barely enough power to meet our summer forecast right now," LIPA spokesman Michael Lowndes said, adding "We've been saying for more than a year that we need more power plants on Long Island."

Lowndes said the combustion turbines -- the outgrowth of recent jet engine research -- will be in addition to other LIPA projects. Projects are underway for development of a 44 megawatt facility in Far Rockaway, a 79 megawatt plant in Glenwood Landing and another 79 megawatt plant in Shoreham, all to be on-line by next summer.

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