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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

'Loose Parts' Force Palisades Shutdown

LCG, Sept. 6, 2000The 740 megawatt Palisades nuclear power plant belonging to Consumers Energy Co. was shut down yesterday evening after workers performing x-ray inspections discovered "loose parts" that could affect emergency core cooling operability.

In an event report filed with the Nuclear Regulatory Commission, plant operators said it was conducting radiography examinations at 6:00 p.m. and discovered that the internal parts of a check valve were not in place. The valve is a check valve in one of the reactor's emergency core coolant systems.

A second x-ray of the valve determined that all of the parts were inside the valve somewhere, but not where they should be. At 7:01 p.m., operators began to shut down the plant because the loose parts could adversely affect the operability of other components of the emergency core cooling system.

The plant this morning was in "hot shutdown" mode, meaning it can be easily restarted once the loose parts are nailed down.

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