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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

New York Awards Solar PV Grants to 76 Projects for 2013

LCG, April 2, 2013--The Governor of New York announced Thursday that $46 million has been awarded under his NY-Sun initiative for large-scale solar photovoltaic (PV) energy projects, which will add 52 MW to New York's solar capacity.

The awards are the first of three rounds of the Competitive PV solicitation, an element of New York?s Renewable Portfolio Standard (RPS) program. Second round proposals have been received, and proposals for the third round are due August 29, 2013.

This first round of awards are to 28 recipients to finance 76 large-scale solar energy projects across the state that will be located at businesses, factories, municipal buildings and other larger commercial and industrial companies, with the intention that the power generated is used on-site, although surplus power may be delivered to the grid for a credit.

The projects are scheduled to commence operations by year-end. The $46 million grants from New York State will be supplemented by $100 million in private investment.

The NY-Sun Competitive PV Program provides incentives for PV systems larger than 50 kW and is administered by the New York State Energy Research and Development Authority (NYSERDA). Funding per project is capped at $3 million, and all projects require co-funding.

Last year, the combined efforts of NYSERDA, New York Power Authority (NYPA) and Long Island Power Authority (LIPA) led to the installation of more than 58 MW of PV in the New York. Now, with the planned addition of 52 MW this year, a total of 242 MW of PV has been installed or is under development as part of NY-Sun.
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