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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

CP&L Plans 525 Megawatt Plant in Georgia

LCG, Nov. 1, 2000--Carolina Power & Light Co. said this morning that it may build a 525 megawatt, natural gas-fired power plant in Effingham County, Ga., northwest of Savannah. The company is serious enough to have taken an option to purchase the necessary real estate.

CP&L said construction is mainly contingent on getting permits and arranging power and fuel hookups. Current plans are for construction to begin during the summer of 2001, with the plant becoming available for commercial operation in June 2002.

CP&L said it would build the plant in two phases. Simple-cycle peaking turbines would go on-line in June 2002 and be converted to combined-cycle operation by the following June.

The Effingham County site belongs to International Paper Co. and is being considered because Savannah Electric Co., a subsidiary of The Southern Co., owns two transmission lines that cross the property and El Paso Energy owns a nearby natural gas pipeline and liquefied natural gas storage facility.

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