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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

Newsmakers

David A. Arledge, who joined the board of directors of El Paso Energy Corp. following the company's merger with The Coastal Corp. earlier this year, has announced his retirement, saying "Now is the time for me to move on." He had been chairman, president and chief executive of Coastal.

Ronald F. Green has been named president of FPL Energy, LLC, the independent power production subsidiary of FPL Group Inc.. He will assume the position in early December and will succeed Lew Hay, who is now president and chief executive of the parent company. Green joins FPL from Duke Energy Corp., where he most recently served as president and chief executive of Duke Engineering and Services Inc. and president and chief operating officer of Duke Solutions Inc.

John R. McArthur, senior adviser on policy and legal affairs to North Carolina Gov. Mike Easley, has been named vice president for public affairs by Progress Energy Inc., effective December 3.

James W. Nellen II has been named general counsel of W.E. Power, the Wisconsin Energy Corp. subsidiary created to design, permit, build and own the proposed in-state power plants the company has said it plans to build. Nellen most recently was a partner in the law firm of Michael Best & Friedrich, said to be one of the oldest and largest firms in the Midwest.

Leslie Sibert has been named vice president for transmission by Georgia Power Co., replacing Ronnie Bates, who was recently named senior vice president for marketing. Most recently, Sibert was one of four regional marketing managers.

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