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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

CA ISO Considers Decommissioning 1,700 MW Within a Year

LCG, September 24, 2002-The California Independent System Operator may shut down as much as 1,700 megawatts worth of old power plants.

Because older power plants produce more pollution, they must be retrofitted to meet new emissions standards. The cost of such alterations may be too high to warrant the continued operation of some older Californian plants, according to the ISO, and the grid operator may shut down plants as soon as next summer.

Choosing which plants to close will be a difficult process, considering that California does not suffer from a glut of generators and can ill afford to decommission plants offhandedly.

The ISO has not announced which plants it will consider decommissioning.
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