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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

Korean Union Members Strike Against Privatization

LCG, March 8, 2002-A thirteen hour talk with Korea Electric Power Corporation (KEPCO) failed to progress as over 5,000 union members continue an illegal strike.

Workers at the South Korean monopoly fear for their jobs as the country prepares for privatizing power. The illegal strike is in its twelfth day, and warrants have been issued for union leaders, although police have made no arrests yet.

Labor Minister Bang Yong-seok said that the government will privatize regardless of strikers and sees "zero possibility to change this policy." KEPCO, having been split into six pieces, plans to sell of all but the sixth part, which leaves nuclear and hydroelectric power to the state.

1,000 temporary workers have been hired, but union leaders refuse to back down. If the government goes through with privatization, the Korean Confederation of Trade Union, consisting of some 600,000 members, says it will join in a sympathy strike.

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