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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

Indian Power Woes Related to Idle Enron Plant

LCG, May 15, 2002-The Maharashtra State Electricity Board wants to put a 2,184 MW Enron-built Dabhol plant back on line because of shortages.

Power distributor MSEB says the $2.8 billion plant could temporarily alleviate shortages, which will last until next month when the monsoon season begins. Currently peak demand is between 10,500 and 11,000 MW, and MSEB has been falling back on the National Power Grid Corp. to meet demand, in addition to load shedding.

MSEB officials insist that demand will drop by about 2,000 MW once the monsoons come; temperatures in Bombay and other nearby cities often exceed 40 C or 104 F at this point in the year.

Close to 30 foreign government institutions and agencies who lent a combined $1.9 to build the plant, which is located 250 km south of Bombay, are endeavoring to retrieve their money by selling the plant. The Dabhol plant is the largest independent gas-fired plant in the world, and Enron owns 65 percent.

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