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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

Southwest Power Pool Sets Wind Penetration Record of 62.13 Percent

LCG, April 4, 2018--Southwest Power Pool (SPP) achieved a record wind penetration and record renewable penetration levels in the early morning on March 31. According to SPP, the wind generation was approximately 14.5 GW, or 62.13 percent, at 1:54 a.m. Combined with nuclear output, the renewable generation resources contributed to about 64.7% of the total load.

With the record setting wind generation, the five-minute SPP North Hub real-time locational marginal prices (LMP) fell to about $2.25/MWh at 1:55 a.m. in the real-time market, while SPP South Hub LMP dropped to negative $10/MWh.

The all-time high wind generation record was set at 15,690 MW in December, serving 51 percent of total load at that time.

The prior wind record was set on March 17, when wind penetration hit as high as 60.56 percent of the total load in the early morning hours. SPP also set a wind penetration record of 58.1 percent earlier in March.


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