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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

Entergy May Build Nuke

LCG, April 17, 2002--Entergy Nuclear, a subsidiary of Entergy Corp. in New Orleans, is contemplating building a new nuclear plant.

After the 1979 Three Mile Island accident, the nuclear plant building industry has been almost nonexistent, but recently companies have expressed interest in building new plants.

Entergy has told the Nuclear Regulatory Commission that it intends to request an "early site permit." The company says that a nuclear plant is economically feasible when natural gas costs over $5 per MBTU.

Natural gas is about $3 per MBTU right now, although it was as high as $10 per MBTU last year in some places.

Entergy has studied its pre-existing plants in hopes of finding the optimum location, perhaps Port Gibson, Mississippi. Applying for a new plant will cost $9 million and take a year to arrange; the application fee alone is $5.4 million.

However, the U.S. Department of Energy has already offered to pay half of the costs.

Entergy has several nuclear generators already, including reactors at Waterford III near Hahnville, River Bend near St.Francisville, and Port Gibson. The corporation says it will take three years to determine whether it will build a new plant.

Two other companies have begun the permit application process as well; Chicago's Exelon utility began on March 20, and Richmond, VA-based Dominion Resources began in early April.

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