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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

Government Lifts Ban on Gas-Fired Generation

LCG, Nov. 15, 2000--British Secretary of Trade and Industry Stephen Byers said this morning he is ending the moratorium on building new natural gas-fueled electric power plants in the United Kingdom. He added that he has approved applications for six new plants with a combined capacity of nearly 5,000 megawatts.

Byers emphasized that the six plants were in areas currently suffering from power shortages, adding that he expected the projects to generate 2 billion ($2.86 billion U.S.) in new investment.

" I am satisfied that the program of reforms of the electricity market set out in the government'sOctober 1998 White Paper is now substantially complete," Byers said in a statement. "I am therefore lifting the stricter consents policy on gas powered stations with immediate effect."

The moratorium on gas-fired plants was imposed in response to threats of labor unrest by coal miners' unions who predicted that 5,000 "deep pit" jobs would be lost if natural gas replace coal as an electric generation fuel.

Byers said the government would introduce a subsidy plan to support the coal industry and that the European Commission had approved a 110 million plan to help the industry.

Byers approved the following power project proposals:

  • A 1,000 megawatt combined-cycle gas turbine plant to be built by Fleetwood Power Ltd. at Fleetwood in Lancashire.

  • A 1,200 megawatt gas-fired combined-cycle plant to be built by Enron Europe at the Isle of Grain inKent, southern England.

  • A 380 megawatt gas turbine combined-cycle plant proposed by AES Partington Ltd. at Partington in Lancashire.

  • A 1,010 megawatt gas-fueled combined-cycle station to be built by Wainstones Power Ltd. near Plymouth in Devon.

  • An 800 megawatt combined-cycle gas plant planned by ABB Energy Power Developments at Spalding in Lincolnshire.

  • A 450 megawatt gas-fueled combined-cycle plant to be built by ABB Energy Power Developments Ltd. at Raventhorpe, near Scunthorpe in north Lancashire.

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