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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

Rule Issued on Connecting Generators to Transmission Grid

LCG, July 23, 2003--The Federal Energy Regulatory Commission intends to minimize the effort spent on negotiations between transmission providers and generators, with the issuance of a final rule specifying what costs are to be paid by either party when a generator with capacity of at least 20 megawatts is connected to the transmission system.

A generator owner connecting to transmission operated by a company that is not independent will need to pay for costs on the generation side of the transmission infrastructure. Upgrades to the transmission side during the would also be paid by the generator owner, although the payments could be refunded by the transmission provider.

Existing interconnection agreements will be maintained as they are currently. Regional transmission organizations will have some flexibility, and could engage in what is called participant funding for the first year of the rule being issued. A rule covering generators below 20 megawatts will be issued shortly, FERC has said.
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