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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

California PUC Issues Renewables Report

LCG, February 20, 2009--The California Public Utilities Commission (CPUC) earlier this week issued its first quarter report stating that more than 500 MW of new renewable generating capacity completed construction in 2008, which represents 60% of the total renewable capacity installed since 2003.

The additional renewable generation brings the total eligible Renewable Portfolio Standard (RPS) capacity to nearly 900 MW. The CPUC approved 111 power purchase agreements representing over 2,800 MW of generating capacity that were presented by the investor owned utilities (IOUs), Pacific Gas and Electric (PG&E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG&E). Projects approved included solar, wind, biogas and biomass.

The renewable energy targets set in the California RPS for the IOUs are 20 percent of retail sales in 2010 and 33 percent in 2020.
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