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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 Conference Exposes Transmission Cost Conflict

LCG, November 7, 2002-In a Wednesday meeting, utilities and energy companies disagreed over the method by which transmission upgrades should be funded.

The Federal Energy Regulatory Commission held a day-long conference on some energy issues yesterday, including repairing the nation's transmission bottlenecks.

A FERC study released last year estimated that $12.6 billion would be needed to streamline transmission by constructing new transmission lines.

Energy companies who own plants and sell power assert that new transmission benefits retail customers and should therefore be paid by ratepayers in general via "rolled-in pricing."

Large investor-owned utilities oppose this idea, saying that ratepayers will be forced to pay for energy assets that do not benefit them. Utilities and some utility commissions insist that those who directly benefit from new projects coming on line should pay, whether state consumers, industrial users, or energy firms.

Calpine Corporation also took the opportunity to voice its concerns over unfair practices in transmission control, alleging that some utilities prevented electricity to be sold from its plants even though Calpine's power was cheaper and cleaner.

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