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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

NRG Wants to Shut Down New England Generators

LCG, May 17, 2002-NRG Energy Inc. is looking into turning off some of its Connecticut generators because they are no longer profitable.

NRG says that it has been running the Devon station generators at a loss and wants to shut them down, although it does not want to retire them completely. The company would like to come to an agreement with the New England Independent System Operator (ISO) where it can get more money to operate the generators.

The generators in question, located near New Haven, are 17 MW diesel-fired unit 10 and 107 MW oil/gas-fired units 7 and 8.

Discussions regarding the generators have been on-going for months, but a May 3 filing has set a 90-day negotiation period in which a resolution will hopefully be reached.

Shutting down the plants this summer could stress an already limited energy supply, but the ISO and NRG are not at a stage of disagreement where the ISO is talking about blocking the shutdown.

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