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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

Swedish Company Gets 250 MW NY Power Plant Project

LCG, May 8, 2002--The Swedish company Slattery Skanska was awarded a power plant project at the Ravenswood Generating Station in Long Island City, New York.

The KeySpan Energy Development Corporation ordered the project, which will include demolition, foundation work, and installation of the combustion turbine generator and heat recovery steam generator, subcontracted by engineering firm Stone & Webster. Construction is expected to begin immediately, and the resulting combined-cycle plant will produce 250 MW.

Slattery Skanska is also constructing three other facilities in Long Island, bringing its US contract total to $255 million.

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