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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

AES Gets Go-ahead for White Nile Hydro Facility

LCG, Dec. 21, 2001--AES Corp. announced today that the Uganda government has granted its AES Nile Power subsidiary final approval to begin the construction of a $550 million, 200 megawatt hydroelectric facility on the Nile River at a site about 6 miles north of Lake Victoria.

The AES unit will own, operate and construct the hydroelectric facility and related transmission lines and two substations. A local partner, Madhvani International, will take a minority interest in the business. The facility will take about four years to complete.

Power will be sold under a 30-year power purchase agreement to the government-owned Uganda Electricity Board and its successor once the UEB is privatized. The government of Uganda has guaranteed payment under the agreement.

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