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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

Operators Shut Down Niagara Mohawk's Nine Mile Point 1

LCG, Oct. 3, 2000--Operators manually shut down the Nine Mile Point Unit 1 nuclear power plant at 6:25 a.m. yesterday after the unplanned opening of a reactor relief valve, Niagara Mohawk Power Corp. said.

The opening of the relief valve lead to increased water levels in the plant's drywell, a structuresurrounding the reactor and designed to collect water discharged from the reactor. The increasedwater level in the drywell caused operators to declare, as required, an "Unusual Event" and notify the Nuclear Regulatory Commission.

The report was filed at 7:12 a.m. and noted that the reactor was manually "scrammed" from an operating level of less that 1 percent of capacity. It was just beginning the restart process following a maintenance outage.

Later yesterday, Niagara Mohawk reported that Nine Mile Point 1 was in cold shutdown mode and that the Unusual Event was terminated at 9:05 a.m.

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