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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

China and Pakistan Make Power Plant Deal

LCG, April 30, 2002--China has agreed to develop two thermal plants in Pakistan.

Signed yesterday, the bilateral memorandum provides for two 300-MW coal-fired power plants, amounting to $600 million. Coal for the plants will be derived from the Tharparkar Desert in the province of Sindh.

According to Sindh Minister Dewan Mohammed Yousuf Farooqi, the plants will be completed inside three years.

China's Shenhua Group Co. Ltd. has agreed to build and operate the plants, which will be located in Tharparkar (also known as Thar). Shenhua will assess Thar coal capability by conducting a geological survey, which will reportedly be completed within a year.

According to U.S. Department of Energy, Pakistan has 3 billion metric tons in recoverable coal reserves.

Shenhua is China's top coal producer and the country's third largest exporter.

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