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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

Calpine Sells Output of Proposed Florida Plant

LCG, Oct. 18, 2000Calpine Corp. and Tampa, Fla.-based Seminole Electric Cooperative Inc. jointly announced yesterday that they had asked Florida regulators to approve a deal under which Seminole would buy power from a 540 megawatt Calpine merchant power plant proposed for Auburndale, Fla., about 35 miles east of Tampa.

Under of the terms of the planned agreement, Seminole will have access to all of the output from the Osprey Energy Center for a period of 17 years, beginning with the plant's projected commercial operation date of June 2003, with an option to renew every 5 years. Terms of the deal were not disclosed.

Calpine said the contract would support its Petition for Determination of Need, which is currently pending before the Florida Public Service Commission. Hearings on the petition are scheduled tobegin November 29.

Tim Woodbury, Seminole's vice president for strategic services, said "The agreement provides us with the pricing, the reliability of supply and the flexibility that our member systems need in Florida's dynamic and evolving electric power market."

Calpine said the Osprey plant would be built adjacent to an existing 150 megawatt Calpine plant in Auburndale. The company plans to add another 100 megawatts to that facility and also has in the works a 1,080 megawatt energy center planned for Vero Beach, Fla.

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