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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

Judge Calls for Half Year Delay on Enron Case

LCG, January 7, 2003-Federal Energy Regulatory Commission Administrative Law Judge Jeffie Massey has said an additional six months are needed to come to a decision regarding allegations that Enron Corporation manipulated the California energy market.

The Federal Energy Regulatory Commission, the Justice Department, and the Commodity Futures Trading Commission are investigating Enron's possible part in the Western energy crisis of 2000/2001. While the investigations will result in three separate cases, the agencies have agreed to share data and witnesses.

Judge Massey asserts that the Justice Department has withheld access to witnesses and data and is therefore impeding the investigation. She plans to ask for a six month delay in the hope that the Justice Department will allow more access to important information and people.

The Justice Department has effectively denied the other agencies access to former Enron trader Timothy Belden, who plead guilty last year to conspiracy regarding market manipultion.

Additionally, the Justice Department has a significant number of the records of depositions that were taken by the three agencies together.

If the case is delayed, a decision would most likely be issued by December.

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