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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

AGL Resources appointed former U.S. Congressman Lindsay Thomas to the role of senior vice president-government relations. In previous years Thomas was president and chief executive officer at the Georgia Chamber of Commerce.

Donald Pat Shalmy has been named senior vice president of the Nevada Power Company. Shalmy served previously as director of government and community relations for Kummer, Kaempfer, Bonner & Renshaw Ltd.

Cinergy Corporation introduced Frederick J. Newton III as executive vice president and chief administrative officer this week. Newton comes to Cinergy from LG&E Energy Corporation, where he was served as senior VP and CAO.

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