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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

Calpine Plans Power Plants in California, South Carolina

LCG, Nov. 2, 2001--Independent power producer Calpine Corp. said yesterday it plans to build more than 2,000 megawatts of new generating capacity, with two new plant, one in California and one in South Carolina.

The company said it has applied to the California Energy Commission for permission to build a 1,100 megawatt Central Valley Energy Center in San Joaquin, a town due west of Fresno.

Calpine said the combined-cycle, natural gas-fueled plant could be on-line by mid 2004, supplying much needed power to the San Joaquin Valley.

"After the greater San Francisco Bay Area, this is considered California's most electrically vulnerable region," said Curt Hildebrand, Calpine vice president for business development.

At the same time, the San Jose, Calif.-based power plant developer said it plans to build a new 905 megawatt power plant in South Carolina.

Also a combined-cycle, natural gas-fueled plant, the Palmetto Energy Center could begin commercial operations in early 2005, the company said.

Calpine said it is on track to expand its generating capacity to 70,000 megawatts by the end of 2005 from about 11,100 megawatts now.

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