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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 Plans 850 Megawatt Energy Center for Ohio

LCG, Oct. 24, 2000--Calpine Corp. said yesterday that it has entered into a projectdevelopment agreement to build, own and operate an 850 megawatt natural gas-fired electricitygenerating facility to be located on the Ohio River in Hamilton Township, Ohio.

The proposed Lawrence Energy Center would cost about $510 million and begin commercial operation in 2004. Preliminary development efforts had been started by a Boston-based company which agreed to work with Calpine as the project moves forward.

Bob Alff, a Calpine senior vice president, said "The Lawrence Energy Center reinforces Calpine'spresence in the East Central Area Reliability Council power market and offers the ability to movepower into to a variety of adjacent NERC regions as well."

He added, "The site offers excellent access to high-capacity electric transmission interconnections and a variety of options for natural gas transportation, which will help us optimize both power sales opportunities and cost-effective fuel procurement."

The new facility will use three natural gas-fire combustion turbines in combined cycle with a single steam turbine to produce 850 megawatts of baseload power and will be capable of cranking out 1,000 megawatts during periods of peak demand.

Calpine said it will manage all aspects of project development for the Lawrence Energy Center, including engineering and design, construction, fuel supply, operations and power marketing. The project will interconnect with American Electric Power Co. through AEP's Hanging Rock substation.

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