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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

Dresden Unit 2 Gets Four More Years from NRC

LCG, Aug. 30, 2000The Nuclear Regulatory Commission has extended the operating license for the Dresden Unit 2 nuclear power plant by four years, compensating for a like period of time when the plant was already licensed but still being built.

The facility, owned by Commonwealth Edison Co., received its 40-year license from the NRC on Jan. 10, 1966, but did not begin operations until June 9, 1970. The agency, in effect, returned to ComEd the four unused years of its license to operate the plant.

The NRC issued the amendment following a review, which concluded that Dresden Unit 2 could be operated safely through the construction recapture period.

"This is the right thing for us to do at Dresden and it will allow us to recognize the full value of thestation," said Oliver D. Kingsley Jr., president of ComEd's Nuclear Generation Group and the utility's chief nuclear officer.

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