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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

Hayward, CA Plant Receives License

LCG, Sep. 13, 2002--A 600-megawatt plant proposed by Calpine Corp. received approval from the California Energy Commission Wednesday.

The Russell City plant may be built starting in 2003, with operations expected in 2005. It would qualify as the largest power plant in Alameda County, providing power to the San Francisco Bay area, with Oakland to the north and San Jose to the south.

The plant would burn natural gas in a combined-cycle configuration. The city of Hayward and Calpine had discussed low-priced contracts through which the city would buy some of the output of the facility, but terms have not been made final.

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