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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

FERC Proposes Standard Market Framework

LCG, March 13, 2002--The Federal Energy Regulatory Commission (FERC) presented an outline for nationally standardizing the U.S. energy market.

The Commission will provide a paper on standard market design involving the development of open-access transmission tariff which would fall under the administration of regional transmission organizers (RTO). RTO's will be responsible for preventing generators from influencing prices by withholding power.

After the Supreme Court Decision last week validating FERC's authority over wholesale transmission sales, the commission is in a position to dictate rules for the competitive market, taking control from the hands of state regulators.

FERC plans to instate a method for electricity pricing called Location Marginal Pricing (LMP), an approach used by mid-Atlantic PJM Interconnection LLC which allows those in the market to circumvent price risk from congestion.

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