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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

Construction Begins at Tyr Energy's Hickory Run Energy Center

LCG, August 24, 2017--Tyr Energy, Inc., Kansai Electric Power Co., Inc. (Kansai) and Siemens Financial Services, Inc. (Siemens) announced Monday that they have started the construction of the Hickory Run Energy Center, LLC Power Plant, located approximately 45 miles northwest of Pittsburgh, Pennsylvania. The 1,000-MW, gas-fired project is scheduled to achieve a commercial operation date in April 2020.

The Hickory Run Energy Center will be a combined-cycle energy facility. The project includes two Siemens SGT6-8000H gas turbine generators, two heat recovery steam generators (HRSGs), and a Siemens steam turbine generator. The plant is expected to cost approximately $915 million.

The project is well-located among the Marcellus and Utica natural gas production areas, with access to Tennessee Gas Pipeline Zone 4. The power generated by the project will be delivered into the PJM Interconnection.

Tyr Energy, LLC will provide all asset management services upon commercial operations and NAES Corporation (NAES), a Tyr affiliate, will provide operations and maintenance (O&M) to the project.

The project was originally developed by an affiliate of LS Power Associates, LP.
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