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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

Entergy Plans 360 Megawatt Peaker at NY Nuke Site

LCG, Nov. 14, 2001--Entergy Corp. said yesterday it would build a 360 megawatt natural gas-fueled peaking power plant on the site of its newly-acquired Indian Point nuclear complex in Buchanan, N.Y.

Entergy said the proposed project requires "Article X" approval by the New York State Public Service Commission, a process that takes about two years. After permits are received, the facility will take up to a year to build, so commercial operation is planned for 2004.

"We're planning public information meetings for later this year and we will be announcing the dates very soon. We're very interested in hearing from the community," said Mike Kansler, senior vice president and chief operating officer of Entergy Nuclear Northeast.

Entergy said the plant will consist of eight 45 megawatt gas turbines and "will use state-of-the-art technology to achieve low emission levels." The peaker will be placed on four to six acres of the 200-acre Indian Point site and will not require removal of trees, use of Hudson River water or impact the safe operation of the Indian Point nuclear power plants, the company said.

Natural gas for the turbines will come from the existing Algonquin interstate gas pipeline, which now runs through the Indian Point Energy Center property.

"The installation of this facility at Indian Point, an existing electrical generating site, will have minimal visual and environmental impact, and will help area residents meet their electricity needs when demand for power reaches its highest levels," Kansler said.

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