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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

NRC Approves License Transfers in Unicom-Peco Merger

LCG, Aug. 7, 2000--The Nuclear Regulatory Commission said Friday it has approved the transfer of operating licenses for 20 commercial nuclear reactors from Commonwealth Edison Co. and Peco Energy Co. to Exelon Generation Co.

Exelon Generation will be a subsidiary of the new holding company formed by the pending merger between ComEd and Peco.

Affected by the approval are 13 ComEd reactors, including two at the permanently-shuttered Zion plant and the Dresden Unit 1 reactor, which is also permanently shut down. Five Peco reactors are affected, including Peach Bottom Unit 1, which is permanently shut down.

Salem Units 1 and 2 were also affected by the approval because Peco has an ownership interest in them, though they are operated by Public Service Electric & Gas Co.

The NRC said notices of the requests for approval and for an opportunity for a hearing were published in the Federal Register on March 9. The Commission received no comments or hearing requests. The technical staff's approval becomes effective immediately.

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