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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

Texas Commission Changes Requirements for Power Rate Increase

LCF, March 6, 2003The Texas Public Utilities Commission (TPUC) has changed the way in which retail power rates may be allowed to increase due to natural gas prices.

Texas deregulation permits utilities to increase the fuel cost benchmark rate as many as two times a year, provided gas prices increase by 4% or more in a ten-day period.

The TPUC changed its stance yesterday, requiring a 5% increase in gas prices over 20 days instead.

The benchmark rate, or price-to-beat, is that which customers can use to determine the fair price when comparing power rates charged by energy retailers and established utilities.

The commission said that the changes were made to alleviate the possibility of disruptive, short-term spikes in rates due to natural gas.

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