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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

The results of the Nuclear Energy Institute elections have reestablished the positions of many already holding posts. New appointees include Alan J. Fohrer and Michael B. Sellman, who have joined the Nuclear Energy Institute's Executive Committee. Also, Donald C. Hintz, president of Entergy Corp. was elected NEI vice-chairman, and Robert E. Prince will join the NEI board. The NEI develops industry policy and is located in Washington D.C.

James A. Messersmith will become vice president of the Oglethorpe Power Corporation and will be responsible for gas-fired and hydroelectric generation. He has been with the company since 1991 and has been in the energy generation industry for 27 years.

Simon Kukes, president of Tyumen Oil Company, will join the Maguire Energy Institute Board of Advisors. Maguire Energy Institute is located at SMU's Cox School of Business in Dallas, Texas.

Sydney M. Ferguson has been given the position of senior vice president responsible for corporate communications and government relationships at USEC Inc., an international energy company and major uranium fuel supplier. Ferguson most recently served as Managing Director of Qorvis Communications, Inc.

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