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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
IEEE Published LCG's Study on How Large Flexible Loads Are Reshaping Texas
LCG, August 25, 2025--We are pleased to share that the paper “Economic Impacts of Price-Sensitive Loads in Electricity Reliability Council of Texas: Quantifying Effects of Large Flexible Loads” has been published on IEEE Xplore.
Co-authored by Sidart Deb and Sumedh Halbe of LCG Consulting, this work examines how the rapid growth of large, price-sensitive loads will reshape ERCOT’s grid economics. Understanding and quantifying these impacts is essential for ensuring a future grid that remains reliable, affordable, and sustainable.
Using LCG’s UPLAN market simulation model, the study quantifies how these loads affect key market and system metrics, including:
- Energy prices and scarcity pricing
- Congestion
- Customer payments
- Generator revenues
- Renewable energy curtailment
- Overall production costs
Special thanks to Srijib Mukherjee and Blake King, the guest editors, for their support and guidance throughout this publication.
Link to the paper: https://ieeexplore.ieee.org/document/11131367
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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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