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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

Fitchburg G&E Asks Massachusetts for Rate Hike

LCG, May 29, 2001--Fitchburg Gas & Electric Light Co. subsidiary has asked Massachusetts regulators for authority to increase electric rates to compensate for higher purchased power costs, the utility's parent holding company said Friday.

FG&E asked the Massachusetts Department of Energy and Telecommunications for permission to increase its standard offer service rates. Standard offer service is provided to customers who have not switched to a competitive service provider under the state's deregulation scheme.

When Massachusetts deregulated its electric industry, it created standard offer service for customers of record on March 1, 1998 who either could not switch or chose not to. Another form of service, electric default service, was created for customers who moved into a utility's service territory after March 1, 1998, or who had switched and them switched back to FG&E. Default service customers get power at market rates, without a markup being applied by the utility.

Because standard offer service rates have been below market rates, about 80 percent of FG&E customers get that service. The requested rate hike would result in an increase of between 9 and 13 percent, but the new rates would still be less than the market rate, according to utility spokeswoman Stephanye Schuyler.

If the increase is granted, a typical residential customer using 500 kilowatt-hours of electricity per month will see an increase of $6.15, or 9.3 percent. The rate hike would go into effect on July 1.

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