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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

Ethanol Requirements are Sticking Point in Energy Legislaton

LCG, Oct. 20, 2003--A comprehensive national energy bill could be submitted for voting next week, but meanwhile, Republican House and Senate leaders are working to resolve differences that include questions on treatment of ethanol, the corn-based fuel.

A doubling in the share of ethanol as a percentage of overall fuel consumption is possible, although some legislators disagree on how much choice states should have on the amount of ethanol they might be required to purchase. Tax incentives of approximately $18 billion are a key part of the bill, which would promote new power plants, as well as research into fuels.

While Democrats have said that Republicans have generally not included them in negotiations, regional distinctions are clear on some issues among Republicans. Southern and Western representatives are less inclined go forth with de-centralizing large utilities. No consensus has emerged on where funds for upgrading strained transmission infrastructure should come from. If the bill is not completed by next week, negotiations may last through January of next year.
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