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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

Siemens Receives Type Certificate for New 7-MW Offshore Wind Turbine

LCG, January 22, 2016--Siemens Wind Power was awarded by DNV GL final Type Certification for Siemens new 7-MW offshore wind turbine SWT-7.0-154, confirming full IEC-61400-22 compliance ahead of schedule. The increased electric generating capacity of the offshore wind turbine should lower the levelized cost of energy for new, offshore wind farms.

The new 7-MW offshore wind turbine was developed by Siemens to improve upon the company's flagship offshore wind turbine, the SWT-6.0-154, which includes a gearless turbine design. Siemens focused on improvements to the electrical system within the nacelle, including more powerful magnets, an upgraded power converter and upgraded transformer. These upgrades enable 10 percent more output than the predecessor, the SWT-6.0-154.

The Global Head of Business Development and Sales, Renewables Certification at DNV GL stated, "Conscious of the current state of the industry it was vital we deliver this project on schedule. We understand our customers' time pressures and the demand to continuously bring the latest turbine innovations to the market."

DNV GL built on experiences from the previous certification process of the 6-MW offshore wind turbine SWT-6.0-154 and the recent SWT-7.0-154 prototype certification. Looking ahead, DNV GL has also been contracted to work with Siemens on the upgrade of the 7-MW, including the power-boost feature to further increase the power output.
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