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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

Peabody Energy Receives DOE Grant for New Mexico Power Plant

LCG, October 19, 2004--Peabody Energy received a $19.7 million Clean Coal Power Initiative grant from the U.S. Department of Energy fordemonstrating technology to achieve ultra-low emissions at the proposed 300 MW Mustang Energy Project located near Peabody's Lee Ranch Coal Company operations in New Mexico.

The plant would demonstrate on a commercial scale a technology that operates in a manner similar to a traditional scrubber system. The system will employ sodium bicarbonate (baking soda) in the scrubber and is expected to achieve 99.5 percent removal of sulfur dioxide, 98 percent removal of nitrogen oxide and 90 percent removal of mercury. The sulfur and nitrogen byproducts will be used to create high value, granular fertilizer. The plant will use low-NOx burners, fabric filtration and a dry cooling system to minimize emissions and water consumption. The Department of Energy grant will be repaid as the technology is demonstrated.

Peabody's announcement did not include a target operational date or information regarding buyers of the plants output.

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