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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

TransCanada, AltaGas to Buy Enron Canada Assets

LCG, Dec. 6, 2001--TransCanada PipeLines Ltd. said yesterday it has entered into a memorandum of agreement with AltaGas Services Inc. to form a partnership which would purchase the remaining rights and obligations of the 706 megawatt Sundance B power purchase arrangement from Enron Canada Power Corp.

TrasnsCanada said its subsidiary TransCanada Energy Ltd. will contribute about $110 million Canadian ($69 million U.S.) to the partnership upon closing for a 50 per cent interest.

The rights to the capacity of the Sundance B facility were originally purchased by Enron Canada Power Corp. under the Government of Alberta's auction in August 2000. At that time, TransCanada acquired the rights to the 560 megawatt Sundance A facility.

"TransCanada believes this arrangement represents an extremely competitive source of power in Alberta -- one of our core markets," said Hal Kvisle, chief executive. "This is another example of TransCanada demonstrating its ability to move quickly when a good business opportunity arises."

The Sundance power plant is located about 45 miles west of Edmonton, Alberta, and is the largest coal-fired electrical generating facility in Western Canada.

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