EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Court Ruling Supports Dominion's Plans for Exports at Cove Point LNG Terminal

LCG, January 9, 2013--In a court ruling made public on January 4, Dominion Resources Inc. retains the right to export liquefied natural gas (LNG) from its Cove Point, Maryland, facility on the Chesapeake Bay. The Circuit Court Judge rejected arguments by the Sierra Club that such exports violated a 2005 agreement.

With the court ruling, Dominion announced it will proceed with engineering, marketing and regulatory review processes to enable LNG exports from the Cove Point site. Dominion expects the liquefaction project to cost between $2.5 billion and $3.5 billion.

Dominion acquired the Cove Point facility from Williams in 2002 and began importing LNG via ships in the summer of 2003. In 2009, Dominion finished an expansion project that increased Cove Point's storage and production capacity by nearly 80 percent. With the drop in natural gas prices and ample gas supplies in North America, Dominion has reversed course and plans to modify the site to enable LNG exports.

The Circuit Court ruled that Dominion Cove Point's agreement with environmental agencies allows it to build liquefaction facilities inside the plant's fenced area and export LNG. The Sierra Club had maintained Dominion needed its permission to build the facilities.

Dominion's president and CEO stated, "Dominion has made considerable progress towards a project that will bring jobs and revenues to the national and local economies. We have received support from business, labor, government, community and environmental groups for a major construction project that would bring great benefits to many people. We look forward to working with the Sierra Club and other involved environmental groups to continue the outstanding record of environmental cooperation at Dominion Cove Point."

Last June Dominion filed a request with the Federal Energy Regulatory Commission (FERC) to start the pre-filing process in anticipation of filing an application this year.


Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service