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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

Powergen sells European Assets to NRG Energy

LCG, April 17, 2001Powergen Plc of the United Kingdom said this morning it has sold its mining and electric generation assets in Germany and Hungary to NRG Energy of the United States for 130 million ($187 million U.S.).

"The deal completes Powergen's strategic refocusing on the U.S. and UK energy markets and thesale of its international business, other than a minority stake in the holding companies for Powergen'sformer interests in Australia, India and other parts of Asia," the company said in a news release.

NRG will acquire Csepel I and II of Hungary as well as Powergen's interest in Germany's Mibrag GmbH and Saale Energie GmbH. The European assets earned 28 million ($40 million) in profits for Powergen last year.

Powergen said the sale was part of its debt reduction program that would result in corporate debt being slashed by 1.37 billion, "significantly ahead of the one billion pounds target originally set".

Last week, Powergen agreed to a takeover by German utility Eon for 9.6 billion including assumption of debt.

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