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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

North Korea Nuke Experts End Tour of South

LCG, Dec. 31, 2001--A group of 20 North Korean nuclear engineers concluded over the weekend a tour of South Korean nuclear power plants as part of the 1994 agreement between the United States and North Korea under which an international consortium will build two light-water reactors in the North and train hundreds of workers to operate them.

As part of the agreement, North Korea has promised to freeze its nuclear weapons program, which should be easy because at this time of the year, everything freezes between Pusan on the southern tip of South Korea and the Yalu River border between North Korea and China.

We lived in Korea during the winter of 1952-53 -- were camped out, actually -- and it was 30F below zero most of the time.

The engineers, led by Kim Hui-moon, a Cabinet-level official, visited Ulchin, an east coast village where four French-built nuclear reactors are in operation, and Kori on the south-east coast for a tour of four US-built reactors, according to BBC News.

By the end of the coming year, South Koreans will have trained about 290 North Koreans in the operation of U.S. designed pressurized water reactors, which will replace North Korea's Soviet-designed graphite moderated reactors, which produce large amounts of weapons grade plutonium.

North Korean workers, visiting the prosperous south, have seen how 50 years of freedom has transformed South Korea and have demanded higher wages at the North Korean project, delaying it. As its energy crisis has deepened, the North has threatened to abandon the 1994 accord and has demanded that Washington pay compensation for the delays.

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