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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

Iowa House Passes Power Plant Measure

LCG, April 4, 2001The lower chamber of the Iowa legislature has approved 55-44 a measure that would make it easier to build new power plants in the state. The vote came at 11:30 p.m. Monday after five hours of mostly partisan debate.

Republican said the legislation would help Iowa avoid the fate of California, which suffers from an insufficiency of power supply. "It's not the kind of issue where I think we can postpone it for a year," said House Majority Leader Christopher Rants, a Sioux City Republican. "I don't want to have a study for a year because we get ever closer to the point where we are out of capacity."

Democrats called the bill "back-door deregulation," saying it would allow utilities serving the state to purchase power from their own unregulated affiliates and resell it to Iowans at higher prices. Rep. Bill Dotzler, a Waterloo Democrat, called the bill "a sneaky snake that will come around and bite Iowa consumers."

The bill now moves to the state Senate, where it must be approved in committee this week or be dead for the current session. Even if the Senate passes the measure, it is uncertain at best whether Gov. Tom Vilsack will sign it.

The last time he commented on the legislation, the governor said "This bill does not address, in any meaningful way, issues relating to renewable energy or alternative energy sources."

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