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News
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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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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
Wind Power Energized by Production Tax Credit
LCG, September 28, 2004--The House and Senate approved the Production Tax Credit for wind generation, and President Bush is expected to sign the legislation shortly. The credit, which provides for 1.5 cents for kilowatt-hour of electricity produced, had expired at the end of last year, seriously undermining the economics of new wind projects. The legislation will extend the tax credit retroactively from January 1, 2004 through December 31, 2005.Wind generation in the United States has grown rapidly. An estimated 1,687 MW of capacity was added in 2003, with total wind capacity approaching 6,400 MW. However, when the production tax credit became bogged down in the national energy bill, investments in wind projects in 2004 were put on hold.Wind developers are now ready to move forward with the production tax credit extended and other market drivers working favorably with respect to wind. Over the past year, Eastern coal prices have risen significantly, and natural gas prices remain relatively high. With fuel prices high, wholesale electricity prices have been elevated around much of the country. Furthermore, recent state legislation and local goals for renewable portfolio standards are motivating many public and investor owned utilities to actively pursue wind projects.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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