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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

Duke Suspends Overtime Work on Nevada Plant

LCG, September 5, 2002--Duke Energy will stop overtime and weekend labor on the Moapa plant, the third Duke plant to see slowed construction in two months.

Poor market conditions have slowed construction nationwide, and Duke has been considering selling unfinished plants or simply delaying construction. Construction on the Duke-owned 608-megawatt Deming plant in New Mexico and the 620-megawatt Grays Harbor plant in Washington state was suspended last month.

Moapa, which will have 1,222 megawatts of capacity when completed, was originally to begin operations by the summer of 2003 along with the Deming and Grays Harbor plants, but market conditions will have the final say in when the three plants will actually come on line.

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