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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

MidAmerican Energy Proposes $1.9 Billion Investment in Iowa Wind Farms

LCG, May 10, 2013--MidAmerican Energy announced Tuesday its plans to add up to 656 new wind turbines, with a generating capacity of 1,050 MW, in Iowa by year-end 2015. If the proposed, $1.9 billion expansion is approved by the Iowa Utilities Board, MidAmerican Energy will own and operate approximately 3,335 MW of wind generation capacity in Iowa by year-end 2015.

MidAmerican currently owns and operates a wind portfolio in Iowa that represents a total investment of about $4 billion.

Greg Abel, chairman, president and CEO of MidAmerican Energy Holdings Company
"the parent company of MidAmerican Energy" thanked Iowa's congressional delegation for their strong support of the production tax credit (PTC) extension. "Iowa's congressional delegation created the opportunity for this investment through their support at the federal level and continued an environment that makes this type of investment possible."

With the recent federal PTC extension, MidAmerican Energy is now requesting to expand its wind generation capacity to build its renewables portfolio. Bill Fehrman, president and CEO of MidAmerican Energy, stated "The proposed wind expansion will not only add to MidAmerican Energy?s and Iowa?s position as a national leader in wind generation capacity, it will help reduce future rates to our customers by as much as $10 million per year and further enhance our corporate principle of environmental respect by reducing our carbon footprint by 10.3 percent."
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