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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

Five Japanese Executives Resign After Nuke Deception

LCG, September 17, 2002-Following an investigation revealing phony nuclear plant records, five executives have resigned from Tokyo Electric Power Company.

Earlier this month, the Tokyo Electric Power Company (TEPCO) found that 13 of its 16 nuclear power plants had incorrect records of reactor core structures. In some cases, cracks in reactors were not disclosed.

Five reactors, amounting to 5,180 megawatts in capacity, have been shut down for inspection.

Additionally, TEPCO's President Nobuya Minami will resign and take a position as an advisor. Chairman Hiroshi Araki will also resign, along with two advisors and a vice president. The company has said that it will seek to punish those responsible, perhaps as many as 35 officials.

Pulling these nuclear plants off line may result in a loss to TEPCO of over $204 million.

Although TEPCO is interested in disciplining its employees, it has asserted that the cover-ups were due to mismanagement on a macro-organizational scale, as opposed to personal greed.

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