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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

Protective Order on California Documents Likely to Be Lifted

LCG, Mar. 5, 2003--A spokesman for the Federal Energy Regulatory Commission said today that the agency is taking steps that would allow a protective order on documents concerning California power markets to be lifted.

A summary of allegations made by California was made public, although the contents of 3,000 pages the state submitted to FERC were at first thought to require secrecy in order to protect commercially sensitive information. Sen. Dianne Feinstein (D-Calif.) and Gov. Gray Davis have each said that the evidence given to FERC provides undeniable evidence of market manipulation. At least 70 companies were named in the state's summary of its findings.

Five days' notice would be provided to those who could dispute California's conclusions about behavior in the markets before the documents would be made public. A decision by either an administrative law judge or the commission itself would be sufficient to remove the protective order. Sen. Feinstein said in a press release that she had been made to understand by FERC Chairman Pat Wood III that the commission intends to remove the order.
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