EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Texas Looks into Possibility of February Market Manipulation

LCG, March 11, 2003-Electricity regulatory staff with the Texas Public Utilities Commission (TPUC) are looking into allegations that generators intentionally caused electricity price spikes in February.

The TPUC market-oversight board is in the process of looking at the state market in order to see whether or not Texas power plant owners and others bid power into the Texas real-time electricity market at unfairly high prices.

The dates in question are February 24 and 25. They were brought into view by a monitoring unit set up to note unusual bidding behavior.

Natural gas prices have increased, and these high fuel costs were expected to increase power prices since a significant proportion of Texas energy is generated by natural gas-fired facilities.

The regional market operator issued an emergency appeal for February 25 because some generators did not have sufficient fuel. Real-time prices for electricity reached as high as $990 per megawatt-hour on February 24 and 25.

The investigating unit will determine whether the bidding process was fair and is also interested in whether or not all available electricity supply was offered or if power was withheld intentionally to drive up the price.

10 companies have been asked to yield records of their real-time bids over $300/MWh during the two-day period. These companies include Automated Power Exchange Inc., Austin Energy, City of Garland LCRA, Mirant Corp., TXU Corp., Dynegy Inc., FPL Group Inc., Calpine Corp., and the Exelon Corp.

The investigation may take two weeks or more.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service