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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

Group of States Sues EPA Over Plant Upgrade Rules

LCG, Oct. 28, 2003--Two lawsuits are being brought by a group of 12 states and environmental groups who assert that changes to emissions regulations sought by the Environmental Protection Agency overturn parts of the Clean Air Act.

The states involved in the suits are in the Northeast, and oppose changes promoting "regulatory certainty" on those pollution control technologies that are needed when repairs or maintenance are undertaken at power plants, manufacturing or other industrial facilities. A series of lawsuits that were brought by the EPA under former President Clinton over changes made to older facilities appear not to be supported under the changes the Bush administration has sought.

Under the modifications to "new source review" rules, which are scheduled to go into effect on Dec. 26, replacement of certain parts of a plant that are judged "functionally equivalent" would not trigger requirements that emission controls be installed. The suits are being filed with the U.S. Court of Appeals for the District of Columbia Circuit.
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