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News
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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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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
GE Vernova Announces Expansion of Center for Excellence for Steam and Generator Assembly and Testing in New York
LCG, August 19, 2025--GE Vernova today announced a new $41 million investment in its historic Schenectady facility to increase generator manufacturing capacity to help meet rising global customer demands. The new funding will enable enhancements to the manufacturing of GE Vernova’s H65 and H84 generators, which accompany the energy company’s most efficient HA gas turbines.
The investment will expand the company’s Center of Excellence for Steam and Generator assembly and testing, including the addition of 50 new jobs at the facility in New York. The State’s Excelsior Jobs Program awarded GE Vernova $1 million towards completing this project.
GE Vernova's CEO stated, "We are committed to meeting the needs of our customers and the world as demand for electricity continues to rise at historic rates. This investment in our Schenectady facility continues our work to build gas power capacity and help meet global energy needs."
GE Vernova noted that it has a 130-year legacy in New York, which is home to its Gas Power and Onshore Wind businesses and its Advanced Research Center. The new investment is in addition to more than $130 million in investments GE Vernova announced in Schenectady since 2023, including a $50 million investment in 2023 to build a new manufacturing line in Schenectady that created more than 200 new jobs and a $80 million investment announced in January for gas power and onshore wind work.
The Governor of New York said, "New York State is paving the way for manufacturing, research and development for innovative energy technologies — bringing the State closer to a cleaner future for generations to come. With the State’s public-private partnership with GE Vernova, we’re bringing in good-paying jobs to Upstate New York and promoting sustainability from the tip of Long Island to the Erie Canal."
"Our Schenectady facility provides an amazing opportunity to cultivate and invest in our talent in the Capital Region, and we thank the state of New York for their support," said GE Vernova's CEO. "We have called this region home for more than a century, and we are proud to continue to move that legacy forward."
Companywide, this year GE Vernova has announced $720 million in investments at its U.S. manufacturing facilities and 1,800 new U.S. jobs over the next two years. The company stated these investments are part of a larger $9 billion cumulative global capex and R&D investment plan through 2028 that was announced last December.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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