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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

CA Governor Signs Inspection Bill

LCG, April 29, 2002-California passed a bill permitting state regulators to inspect generators that have been shut down for maintenance.

Governor Gray Davis signed the bill into law on Friday after it was approved by the California Senate.

Brought in by San Francisco's John Burton-D, the bill calls for a new committee responsible for setting operation and maintenance standards for California plants.

Governor Davis had reportedly called for a bill of this type after state inspectors were not allowed to visit plants shut down during California's energy crisis.

Many companies contend that their plants were shut down legitimately and that generators ran at unprecedented levels during the crisis, while others in industry allege that shutdowns were deliberate.

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