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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 Increases Funding for Solar PV Grants

LCG, December 20, 2013--The Governor of New York announced Thursday an additional commitment of $108 million in funding over the next two years for residential and commercial solar energy projects under the NY-Sun initiative. The additional funds increase the New York State Energy Research and Development Authority's (NYSERDA) total budget for the next two years to $216 million. The Governor started the NY-Sun initiative in 2012 to increase the amount of solar power installed annually at customer sites in New York State.

The Public Service Commission (PSC) approved the new funding yesterday, and the decision authorizes NYSERDA to plan a transition of its current solar programs to a regional megawatt block structure that includes a longer-term schedule for incentive rebate levels that change according to a predetermined set of targets; as more megawatts are installed, the per-megawatt rebate level falls. As part of this transition, NYSERDA will continue to set aside $30 million to increase solar installations in the downstate regions. The remainder of the $108 million will be allocated based on regional budgets and market conditions.

The Chairman of Energy and Finance for New York State said, "Providing greater certainty to the solar industry will lead to reduced costs and increased deployment. Together with the NY Green Bank and energy efficiency orders, this PSC approval reflects the underlying principles of our support for clean energy: to animate the markets and to achieve greater leverage of public funds for a cleaner and resilient economy."

PSC Chair stated, "The Commission recognizes the substantial opportunities that solar power offers residential and commercial customers to reduce electricity bills and improve the environment. We fully support the solar power goals set by the Governor?s NY-Sun initiative."
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