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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

Ontario Scales Back Agreement with Korean Consortium to Develop Renewables

LCG, June 21, 2013--The Ontario government has renegotiated the province's Green Energy Investment Agreement (GEIA) with the Korean Consortium, which includes Samsung C&T Corporation, and reduced the planned investment in solar and wind energy development.

The revised GEIA reduces the total commitment for renewable energy projects from 2,500 MW to 1,369 MW, which equates to an estimated C$3.7 billion reduction in contract cost, or about $24 per year for the average residential consumer, according to the Ministry of Energy.

In an effort to increase local engagement, the Korean Consortium will be required to obtain municipal council support resolutions for all new renewable energy projects.

In January 2010, Ontario announced that it signed an agreement with a Korean consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), to work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and to export to the United States.

Construction of the first wind farm associated with the GEIA, the 270-MW South Kent Wind Project, was announced in late March of this year. The South Kent Wind project stimulates the Ontario wind energy supply chain and includes 124 Siemens 2.3-MW turbines manufactured in the province, plus towers from facilities in Windsor, and blades from Tillsonburg.


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