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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

NRG Takes 50 Percent Interest In Conoco Power Project

LCG, Nov. 27, 2000--Conoco Global Power, a power plant developer subsidiary of oil company Conoco Inc., said this morning that NRG Energy Inc. would take a 50 percent interest in a Texas cogeneration plant under development.

NRG will buy into Conoco's 420 megawatt natural gas-fueled SRW Cogeneration project now under construction at the Sabine River Works pertrochemical facility owned by DuPont Co. near Orange, Texas.

Alan Williams, a vice president of NRG South Central Generating, said "The Sabine River Works project offers us an opportunity to diversify into gas-fired generation, the most efficient power generation available."

Electricity and all the steam generated by the power plant will be sold to the DuPont SabineRiver Works plant. Electricity also will be sold to PG&E Energy Trading - Power, a subsidiaryof PG&E National Energy Group. Additional electricity will be sold on the regional wholesale market.

Bechtel Energy Corp. is about halfway through building the cogenerator, according to Conoco, and the facility should begin commercial operation next summer.

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