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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

House May Require DOE Comment on Standard Market Design

LCG, Sep. 9, 2002--The Secretary of Energy, Spencer Abraham, would be required to file a report on the possible effects of implementing the Federal Energy Regulatory Commission's "standard market design" rules, according to a bill passed by the U.S. House Appropriations Committee.

The bill would need to be passed as part of a larger $26 billion energy and water spending bill before both the House and Senate. Among the subject areas the committee is interested in are regional wholesale and retail electricity prices, tarrif oversight by state utility commissions, transmission reliability and infrastucture enhancement.

"Standard market design" is scheduled to apply to all market regions, which would operate under a unified network tariff by Sep. 30, 2003. FERC intends the rules to bring about lower costs and greater access for competing suppliers, while some utility commissions and state governors have objected to loss of ratemaking authority and possible subsidization of infrastructure development by regions not receiving benefits. The report sought by the committee bill would need to be filed 90 days prior to the market rules' finalization.
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