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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

Constellation Announces New Texas Plant

LCG, Oct. 3, 2000--Constellation Power Source said yesterday it will build an 800 megawatt, combined-cycle power plant in Seguin, Texas, between San Antonio and Austin. Commercial operation of the Rio Nogales Power Project is scheduled for June 2002.

Site clearing for the $340 million project began in July and multiple water sources for the plant are being negotiated, the company said.

Project manager Dan King said the 30-acre Seguin site where the Rio Nogales plant will be built was chosen for a number of reasons, including three natural gas pipelines that already serve the area. In addition, King said, the site includes existing transmission lines that serve the San Antonio and Austin regional markets, the Dallas market to the north, and Houston and Corpus Christi markets to the east. He said the plant will also be able to serve the Lower Colorado River Authority's service area.

Constellation Power Source is a unit of Constellation Energy Group Inc., the holding company formed by the restructuring of Baltimore Gas & Electric Co.

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