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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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NRC Completes Safety Review of Construction Permit Application for TerraPower's Kemmerer Power Station in Wyoming

LCG, December 1, 2025--The Nuclear Regulatory Commission (NRC) announced today that the NRC staff completed its final safety evaluation for the application submitted by TerraPower, on behalf of its subsidiary US SFR Owner, to construct the Kemmerer Power Station Unit 1 in Kemmerer, Wyoming. Unit 1 will be the first nuclear project of its kind using the Natrium advanced reactor design. The evaluation concludes there are no safety aspects that would preclude issuing the construction permit.

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Industry News

NYPA Urges Munis to Join Hydro Relicensing Reform

LCG, Aug. 29, 2001--Warning that current law impedes the relicensing of hydroelectric facilities and adds significantly to the cost of renewing their operating permits, the chairman of the New York Power Authority last night urged the state's municipal utilities to get behind a movement to reform the law.

"In 1986, the Federal Power Act was amended to require the Federal Energy Regulatory Commission to balance power generation with energy conservation, protection of fish and wildlife, recreational opportunities and environmental protection," Joseph J. Seymour, chairman and chief executive of the NYPA, told the New York Municipal Electric Utilities Association at its annual meeting in Niagara Falls.

"While the goal was to accommodate competing interests, the (FERC's) role has been seriously impacted by past legislation and by subsequent interpretations of the law by the courts," he said. "The current law enables various agencies to impose on licensees huge unfunded conditions with little or no balancing as contemplated by the Federal Power Act."

Seymour also defended public power's role in an increasingly deregulated electric marketplace. "Early on, some were forecasting the death of public power. They assumed that lower pricesanticipated under deregulation and competition would ease us out of the picture," he said. "But now, people are finding that public power has a great deal to offer in a deregulated marketplace."

"California created a state power authority as a potential solution to the state's energy problems, though they're about 70 years behind us," he observed.

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