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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

UK to Close Calder Hall, World’s Oldest Nuclear Plant

LCG, March 20, 2003Calder Hall, the oldest industrial-scale nuclear plant in the world, will be shut down.

The plant, located in northwest England, will be closed because of weak electricity prices in the United Kingdom.

Operating since 1956, Calder Hall utilizes Magnox technology, an expensive and infrequently used process. Seven UK plants use this technology and comprise 5% of total British capacity.

State power company BNFL decided to close the 196-MW plant 3 years earlier than announced as overhead was simply too large. The plant will cease operations March 31.

British anti-nuclear groups have been very active in calling for the closure of nuclear plants in Britain, and many of Britains reactors are slated for closure over the next 20 years.

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