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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

Plug Power Expands Deals with GE, DTE

LCG, Aug. 30, 2001--Plug Power Inc. announced today that it has finalized new agreements with GE Fuel Cell Systems, GE MicroGen Inc., GE Power Systems Equities and DTE Energy Technologies in line with deals worked out earlier this year.

Under the new agreement, GE Fuel Cell Systems' exclusive, worldwide distribution rights are expanded to include the full range of Plug Power's stationary proton exchange membrane fuel cell systems where the previous agreement excluded fuel cell systems greater than 35 kilowatts and systems designed for uninterruptible power supply applications.

That agreement isn't quite worldwide, in that it excludes a four-state territory served by DTE.

As part of the GE deal, Plug Power has increased its ownership in GE Fuel Cell Systems to 40 percent from its previous 25 percent and, in return, will grant GE Power Systems Equities options to purchase 725,000 shares of Plug Power common stock.

Plug Power said it also completed a separate agreement with DTE Energy Technologies expanding their exclusive distribution rights within the states of Michigan, Illinois, Ohio and Indiana. Under the agreement, DTE will market and distribute all sizes of Plug Power's stationary fuel cell systems for use in any power application, except for propulsion.

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