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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

Rates for BC Hydro Customers May Rise

LCG, Feb. 21, 2002--A combination of below-normal generation resources, increased costs and dwindling accumulated revenue may force an electric power rate increase for BC Hydro.

The utility's most recent "dividend" paid to the provincial government was supported by nearly C$200 million ($126 million US) from the Rate Stabilization Account, a contingency fund that was also used to pay customers a dividend last year. BC Hydro's annual profit in 2001 was approximately C$200 million, significantly under the previous year's profit, which exceeded C$564 million ($355 million US) from the second through the fourth quarters.

The provincial government's budget for the next three years allows for an annual 9.7 percent decrease in dividend payments from the utility, much less than the decline in BC Hydro's profits. The utility paid C$937 million ($589 million US) more for power supplies over the period April through December 2001 than it had during the same period the previous year, largely due to depleted water levels in reservoirs.

A rate freeze was enacted by Premier Gordon Campbell's government in August of last year, and is set to last through March 31, 2003. Dick Gathercole of the B.C. Public Interest Advocacy Centre noted that the government does not have to stick to the freeze until that time. "Once Hydro sees that it's not going to be able to meet its payment without a rate increase, that's when you'll see the rate freeze lifted," Gathercole said.
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