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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

AES May be Sued for Running Plant Too Much

LCG, Nov. 29, 2000--In a filing with the U.S. Securities and Exchange Commission, independent power producer AES Corp. said it may face a lawsuit by a California state agency for excessive emissions of oxides of nitrogen.

In its filing, AES said the state's South Coast Air Quality Management District has "threatened to bring a lawsuit" against the company in state court, charging AES with operating its Alamitos, Calif., power plant more than it should.

The District may "seek substantial civil penalties," the filing said.

Alamitos is a 2,097 megawatt natural gas-fired power plant located in Long Beach. AES purchased the plant from Southern California Edison Co. when the utility divested itself of its California non-nuclear generating assets in compliance with provisions of the state's electric restructuring program.

AES said it ran Alamitos more than the plant would have ordinarily been operated because of urgent requests from the California Independent System Operator when state power reserves were less than 2 percent on many occasions during this past summer. The extra operation cause the plant to exceed its allowable annual amount of nitrogen oxides emissions.

The company said it hopes to reach a settlement before the issue reaches the courts.

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