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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

Mountainview Project Starts Generating Power

LCG, December 13, 2005--Southern California Edison (SCE) announced that commercial operations commenced on Saturday at one of the two gas-fired, electric generating units at the Mountainview Project, located in Redlands, California. The second unit is scheduled to start commercial operations early next year. In total, the station will provide an additional 1,054 MW of generating capacity to the Southern California electric system.

The combined cycle station consists of two units. Each new unit includes two combustion turbine generators, two heat recovery steam generators, and one steam turbine generator.

Plant construction was started by AES in 2001. California's energy crisis led to a halt in construction. InterGen, a Bechtel-Shell joint venture, purchased the project in March 2003. SCE exercised an option to purchase the partially completed plant in March of 2004, and the construction project was completed by Bechtel.

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