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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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NRC Completes Safety Review of Construction Permit Application for TerraPower's Kemmerer Power Station in Wyoming

LCG, December 1, 2025--The Nuclear Regulatory Commission (NRC) announced today that the NRC staff completed its final safety evaluation for the application submitted by TerraPower, on behalf of its subsidiary US SFR Owner, to construct the Kemmerer Power Station Unit 1 in Kemmerer, Wyoming. Unit 1 will be the first nuclear project of its kind using the Natrium advanced reactor design. The evaluation concludes there are no safety aspects that would preclude issuing the construction permit.

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Industry News

Duke Unit Enters Irish Market

LCG, Nov. 1, 2001--A subsidiary of U.S. powerhouse power company Duke Energy Corp. has entered the Irish market, the Irish Times reported this morning.

Duke Energy International was one of four successful bidders in an auction of virtual power managed by Irish electricity regulator, Tom Reeves. The other successful bidders were the Bord Gis, the independent energy division of Ireland's Electricity Supply Board, and Energia, a subsidiary of the Northern Ireland energy firm Viridian.

Alfred Sorensen, president of the Duke unit, said his company wanted to get to know the Irish market, in anticipation of a developing electricity generation capacity. He said Duke purchased about 50 megawatts of capacity in the auction.

The paper said an ESB subsidiary purchased the maximum 240 megawatts, and cited an Energia source as saying the Ulster firm also acquired 240 megawatts. From this, the Irish Times deduced that Bord Gis purchase the remaining 70 megawatts of the 600 megawatts offered.

Sorensen said Duke had been assessing the Irish market for nearly a year. The company would have preferred to build a greenfield plant, but he said all options were open.

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