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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

Phase 3 of Sweetwater Wind Project Completed

LCG, January 11, 2006--The third phase of the Sweetwater Wind Project achieved full commercial operations on December 30, 2005. The 135-MW expansion consists of ninety, 1.5-MW GE turbines and is located in Nolan County, Texas. The total capacity of the wind farm is now 264 MW.

DKRW Energy LLC of Houston was the lead project developer. Catamount Energy Corp. is an equity investor in the project and a co-developer. Babcock & Brown participated as the financial advisor for the project and as an equity investor and a co-developer in the project. The development and the construction were funded by Babcock & Brown and Catamount. Babcock & Brown will also act as project administrator overseeing the operations and maintenance at the facility.

Phase 2 of the project, which consisted of 61 GE turbines with a capacity of 91.5 MW, was completed nearly a year ago in February 2005. The initial phase consisted of 25 GE turbines and was completed in January 2004.

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