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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

Wait 'Til Next Year for New EPA Power Plant Rules

LCG, Nov. 12, 2001--The U.S. Environmental Protection Agency said Friday it will likely miss its self-imposed year-end deadline for issuing stricter power plant air pollution standards.

New proposals from the Bush administration are also being awaited by the Senate Environment and Public Works Committee headed by Sen. James M. Jeffords, the Independent from Vermont. The committee has said it will move ahead with legislation calling for cuts of at least 75 percent in power plant emissions.

A recent EPA study supported claims by U.S. utilities that the proposed limits on carbon dioxide, sulphur dioxide, nitrogen oxides and mercury would increase the cost of power by more than a third and have a calamitous effect on the U.S. economy.

Last week, Bill Harnett, a division director of EPA's Office of Air Quality Planning and Standards, told a meeting of the National Coal Council that the EPA would likely issue its new standards early next year.

Jeffords wants the 75 percent emissions cuts in place sometime in the coming year, but the Bush administration said last week it will oppose the legislation. The administration would regard carbon dioxide as a non-pollutant and provide trading mechanisms for the other three.

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