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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

570 Megawatts New Capacity Planned for Las Vegas

LCG, Aug. 17, 2001--Pinnacle West Energy said this morning it plans to develop a natural gas-fired electric generating station 20 miles north of Las Vegas, Nev. The 570-megawatt Silverhawk Power Station is the first project that the Company will develop in Nevada, the company said.

Pinnacle West Energy is a subsidiary of utility holding company Pinnacle West Capital Corp. and a sister company of Arizona Public Service Co.

"Southern Nevada, particularly the Las Vegas area, is growing faster than most areas of the country," said Bill Stewart, president of Pinnacle West Energy. "Building this power plant in Nevada is a very important step in our overall growth strategy and reinforces our position as one of the top power producers in the West."

Stewart added that "The site we're developing is ideally situated to meet the energy demands of the people of Nevada while also having transmission access into Arizona."

The company said it has started the project engineering and permitting and has purchased major equipment. Construction on the combined-cycle Silverhawk plant, located in the Apex Industrial Park, is scheduled to begin in the Spring of 2002, and the plant is projected to be in service by the Spring of 2004.

The company said it has signed a memorandum of understanding with Las Vegas-based Southern Nevada Water Authority to be a 25-percent owner of the plant. Total cost of building the plant is expected to be about $400 million.

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