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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

Cold Snap Leads to Outage for Floridians

LCG, Jan. 10, 2002--Customers of Florida Power, the Kissimmee Utility Authority and the Orlando Utilities Commission in central Florida reacted to record cold by turning on their heat this morning, only to find that the transmission lines providing power had been put out of commission by the power surge.

In total, approximately 20,000 customers were without power due to outages at key points in the transmission system. Power plant capacity would have been sufficient to handle the demand, had the lines not gone out between 7 and 8 AM. Power was restored to residents after 9 AM.

Craig Eicher, Florida Power spokesman compared the situation to what might happen in an individual's home. "It's like you turned everything in your home on all at one time," he said, referring to residents' reaction to record low temperatures, which reached 25 degrees in Orlando Wednesday. Sporadic outages have been attributed to equipment problems in the Florida Power terrritory.

Record demand for power accompanied the plunge in temperatures in the Kissimmee Utility Authority service territory, surpassing demand during a record-inducing heat wave last August.

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