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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

China’s Three Gorges Set to Begin Operations August 2003

LCG, September 3, 2002According to the China Three Gorges Project Corporation, the worlds largest hydroelectric dam will begin to fill its reservoir as early as August 2003.

The Three Gorges Dam has been part of the Chinese government's long-term vision since Dr Sun Yat Sen, a Chinese revolutionary, thought up the idea of damming the Yangtze over 80 years ago. Chairman Mao Zedong included the project as a part of his Great Leap Forward in the 1950s. Today the vision is quickly becoming a reality, as over a million residents of the region are relocated and construction begins.

The completed Dam, rising some 590 feet, will have 26 turbines and cost at least $24 billion. The reservoir will be 400 miles long. According to the China Three Gorges Project Corp., construction on two turbines will be completed by August 2003. Two additional turbines will begin operations on the first of November, 2003, and the dam will be completed by 2009.

Many oppose the dam, citing unexplored environmental consequences, such as local earthquakes caused by the weight of water, and the ethics of relocating over a million people to places which are often quite far from their established homes.

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