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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

Consumers Joins Midwest Nuke Operator Firm

LCG, Nov. 10, 2000--Consumers Energy Co. said yesterday it has signed an agreement to become a full partner in Nuclear Management Company of Hudson, Wisc., and transfer responsibility for the operation of its Palisades nuclear plant located near South Haven, Mich., to the partnership.

NMC was formed by four upper Midwest utilities in February of last year to operate seven nuclear units at five plant sites in Wisconsin, Minnesota and Iowa. With Consumers Energy as a partner, NMC will have responsibility for operating eight units with 4,500 megawatts of generating capacity.

" Palisades is joining a group of plants with excellent records for safety, reliability and cost-effective production," said David W. Joos, Consumers president and chief executive for electric. "It is a vote of confidence for our employees that Palisades has been invited to be a part of this outstanding nuclear organization."

Consumers said current Palisades employees will continue to operate and maintain the plant under the direction of NMC. Consumers will retain ownership of the plant, its 789-megawatt output and the spent fuel stored on site. The utility also will retain the financial obligations for the safe operation,maintenance and decommissioning of the plant.

NMC was originally formed by Northern States Power Co., Alliant Energy, Wisconsin Electric Power Co., and Wisconsin Public Service Co. to operate and manage the nuclear generating plants owned by the four utilities.

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