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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

Massachusetts Okays Electricity Rate Hike for 4 Utilities

LCG, Dec. 5, 2000--The Massachusetts Department of Telecommunications and Energy unanimously voted yesterday to allow increases of between 4 percent and 12 percent in the electric rates charged by three state utilities, despite the 1998 electric restructuring law that mandated a 15 percent rate cut.

Yesterday's decision affects customers of Massachusetts Electric Co., Fitchburg Gas & Electric Co. and Nstar Corp., the holding company for Boston Edison Co. and Cambridge Electric Light Co.

The amount of the increases for the companies depend on filings they will make later this week but are expected to be as high or higher than rate increase requests made in earlier filings.

Bob McLaren, a senior vice president of Mass Electric, said he expects the final rate effective on January 1 "may not be all that far off from what we'd asked for." The utility sought to raise the cost-of-power component of bills from 3.8 cents to just under 5 cents, which would translate to about a 12.3 percent total bill increase for typical householders.

Other increases sought for the standard-offer cost would raise generation rates at Boston Edison from 4.5 to 5.08 cents per kilowatt hour, Cambridge Electric from 3.8 to 4.45 cents, and Fitchburg from 3.8 to 5.112 cents.

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