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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

Duke/Fluor Daniel to Operate Duke’s California Plants

LCG, July 11, 2000--Duke Energy Corp. is keeping it all in the family as far as running the California power plants it bought from two of the states utilities goes. Duke Energy North America has given Duke/Fluor Daniel a five year contract to provide operating plant services for the facilities, which have a combined capacity of 3,351 megawatts.

And Duke/Fluor Daniel has created another affiliate, DFD California Operations, to take over the day-to-day management of the plants. Duke/Fluor Daniel is a joint venture between Duke Energy Corp. and Fluor Daniel, the engineering, procurement and construction unit of Fluor Corp.

The four plants are Morro Bay, Moss Landing and Oakland, which Duke purchased from Pacific Gas & Electric Co., and the South Bay plant formerly owned by San Diego Gas & Electric Co.

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