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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

AEP Restarts Cook Unit 1 Nuclear Plant

LCG, Dec. 18, 2000--American Electric Power Co. Inc.'s 1,020 megawatt Cook Unit 1 nuclear power plant was restarted at 5:00 a.m. CST this morning, the company said, and at noon plant engineers and operators were completing tests before increasing power.

Once the reactor reaches about 9 percent power, the output of the generator will be connected tothe AEP transmission grid, the company said. Ascension to full power includes several hold points for additional system checks and tests, but if progress continues at the current pace, the unit should reach full power before the end of the year, AEP said confidently.

Last week, Bob Powers, AEP senior vice president for nuclear generation, said "There's always the potential that emergent maintenance items could impact the schedule, but if our progress continues at the current pace, we'll beat our first quarter 2001 projection."

Now, with the restart behind them, Cook's operators are planning to have the unit at 100 percent of capacity by New Year's Eve.

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