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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

Power Suppliers Allege Entergy Exerted Market Power

LCG, Jan. 28, 2002--A filing by twelve power generators with the Federal Energy Regulatory Commission charges that imbalances from under-deliveries by Entergy reflect "unjust, unreasonable and unduly discriminatory rates."

The complaint, submitted on Jan. 10, is based in part on a November 2001 ruling by the FERC that Entergy was capable of exercising market power. FERC's order said that the rates charged by Entergy were to be cost-based rates when no long-term contract applied, with an exception for areas controlled by a regional transmission organization.

The firms, which include Mirant Corp., Reliant Energy Inc., Williams Cos., and Exelon Corp., cited Entergy's stated incremental costs, $100 per megawatt-hour in excess of the market clearing price in the market that showed imbalances, or hourly gaps between scheduled and actual usage.

A statement by the generators said, "Entergy retains the ability to charge customers excessive rates, it retains the ability to deny customers comparable service, and it continues to violate the commission's standards of conduct." Entergy, based in Louisiana, serves customers in Arkansas, Louisiana, and Mississippi.
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