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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

610-MW Texas Generating Unit Out Following Pipe Rupture

LCG, July 15, 2003--One of the W.A. Parish power plant's four generating units, Unit 8, is being inspected to determine the extent of damage it suffered when a steam pipe ruptured for unknown reasons.The unit, rated at 610 megawatts of capacity, will be shut down until the extent of any necessary repairs has been determined. Meanwhile, Texas Genco Holdings, Inc., which owns W.A. Parish, will obtain capacity to substitute for the lost output from the market. The incident, which occurred Tuesday, did not result in service interruptions to customers, and no plant staff were injured. The plant, which burns coal, is approximately 50 miles southwest of Houston, in Fort Bend County.
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