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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

PG&E Suppliers to Continue Providing Gas

LCG, Feb. 8, 2001Pacific Gas & Electric Co. said this morning that five natural gas suppliers have agreed to continue supplying the utility in exchange for a security interest in future utility accounts receivable resulting from resale of the gas.

PG&E warned that the five suppliers provide only a portion of its natural gas requirements, an amount insufficient to "avert severe shortages in the coming days or weeks." Gordon Smith, PG&E chief executive, said the utility was trying to get more suppliers to agree to the plan. "We remain hopeful we can avoid what otherwise threatens to be a very serious gas shortage," he said.

The company said it had only about nine days' supply of gas in storage, and that would be depleted rapidly if suppliers stopped their deliveries.

The five companies agreeing to continue furnishing gas to PG&E are BP Energy Co., Texaco Natural Gas, Dynegy Marketing and Trade, Texaco Canada Petroleum and Dynegy Canada Marketing.

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