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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

Edison Could Finish Construction on Redlands Plant

LCG, July 18, 2003--A new subsidiary of Southern California Edison could own and operate a partially completed power plant near Redlands under a cost-of-service arrangement, if regulators approve of the utility's plan to purchase the project.

The plant, with planned capacity of 1,054 megawatts, was begun by AES Corp., which halted construction due to its poor financial position. Edison, which last built two generating units at the Cool Water plant near Barstow in 1978, sold all of its gas-fired generating units as part of 1996 deregulation legislation, while retaining hydro, coal and nuclear facilities.

The Redlands plant would come online by 2005, according to Edison's plan. Due to the fact that construction would not have to be started from scratch, the costs to ratepayers could be lower than it would be otherwise, according to Edison's president, Bob Foster, and the president of the California Public Utilities Commission, Michael Peevey, who is a former president of Edison. Edison now purchases two-thirds of the power it sells, and generates the remaining one-third from its own capacity.
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