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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

U.S. Renewables Conference set for California

LCG, Nov. 1, 2001--Interior Secretary Gale Norton and Energy Secretary Spencer Abraham will host a conference in Pomona, Calif., November 29 on the future development of solar, geothermal wind and biomass on public land.

The idea for the conference, which is expected to attract armies of renewable energy experts, came from a recommendation by Vice President Dick Cheney in his May National Energy Policy report that federal agencies re-evaluate the potential for energy development on federal property.

"President Bush's national energy plan promotes conservation, diversifies our energy supply and increases the variety of fuel sources we use -- all keys to reduce our dependence on a single type of fuel," Norton said. "We need coal, oil and natural gas, but we also need wind, solar, geothermal and biomass power."

The conference will be held at the Los Angeles County Fair Complex, and the site selection was a disappointment to Nevada lawmakers who had hoped the summit would be held somewhere in Nevada. The Department of the Interior is landlord to 83 percent of Nevada's land, but Norton has yet to visit the state.

"Certainly, I'm disappointed the summit is not in Nevada," said Sen. John Ensign, R-Nev., who along with Sen. Harry Reid, D-Nev., asked Norton to host the summit in the state. Reid was less disappointed. "I don't care where the conference is held," he said. "California has potential, too."

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