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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

FERC Okays Cross-Gulf Gas Pipeline

LCG, Feb. 22, 2001-- The Federal Energy Regulatory Commission yesterday gave its final approval to the Gulfstream pipeline sponsored by Williams Companies and Duke Energy Corp.

The new pipeline will carry natural gas across the Gulf of Mexico from Mississippi and Alabama to feed increasing demand in Florida, where as much as 10,000 megawatts of new electric generating capacity is expected by 2007.

New power plants planned for Florida are to be fueled by natural gas and several large existing plants are being converted to burn the cleaner fuel.

The 744-mile Gulfstream project will originate near Pascagoula, Miss. and Mobile, Ala., cross more than 400 miles under the Gulf of Mexico to a point in Florida south of Tampa, and then continue another 300 miles across the peninsula to a terminus near Palm Beach.

The project, which is scheduled to begin delivering some 1.1 billion cubic feet of natural gas per day in June of next year, is expected to cost around $1.6 billion.

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