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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

Construction Commences at New Sierra Pacific Power Plant

LCG, May 24, 2006--Sierra Pacific Power Company held the groundbreaking ceremony on Monday for its Tracy Combined Cycle Plant, which is scheduled to begin delivering electricity to the grid by June 2008. The new, gas-fired electric generating facility is located seventeen miles east of Reno, Nevada and is adjacent to the utility's Tracy Generating Station.

The Tracy Combined Cycle Plant has a design capacity of 514 MW and is estimated to cost $420 million. To minimize water consumption, the plant will be air cooled. Key contractors hired by Sierra Pacific Resources to build the project include: LG Constructors, a CH2M HILL subsidiary, for engineering procurement and construction services; General Electric, for combustion and steam turbine equipment; and Nooter/Eriksen, for the heat recovery steam generator.

The new plant will supply customers in Nevada and the Lake Tahoe area of California. According to Sierra Pacific Power Company, the new plant will increase the company's northern Nevada generating capacity by nearly 50 percent.
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