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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

FERC Will Hear Northwest and Western Contract Cases

LCG, September 19, 2002-Yesterday FERC decided that hearings will be held regarding electricity contracts signed by Washington and California utilities.

Federal Energy Regulatory Commission hearings will address contracts made by Sacramento, California and Snohomish county, Washington utilities during the 2000/2001 Western energy crisis.

Utilities assert that Duke Energy and American Electric Power Company charged them unreasonably high prices and that contracts should be modified or rewritten.

Already this year several settlements have been made regarding contracts written during the energy crisis, and a hearing has been planned in order to address contracts written by the California Department of Water Resources on behalf of bankrupt California utilities.

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