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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

DOE Issues Grid Study

LCG, May 9, 2002-The U.S. Department of Energy has submitted its electricity transmission study, originally called for by the White House.

Released by Secretary of Energy Spencer Abraham, the study supports the Federal Energy Regulatory Commission (FERC) in its plan to divide the country into Regional Transmission Organizations (RTOs), which would be responsible for reliability. Likened to the public highways, RTO's are intended to make electricity easy to trade across state lines by the formation of a national grid.

The report includes cooperative regional transmission siting forums, which would have FERC, DOE, and state authorities design transmission line siting rules. It calls for Congress to mandate power grid reliability standards and suggests that transmission investment be "merchant" projects, which would reportedly result in no risk to ratepayers.

The DOE also wants Congress to give FERC limited federal eminent-domain authority in siting new transmission lines and says that savings from their transmission plans would be significant because national transmission would avoid bottlenecks that cost hundreds of millions of dollars a year. DOE's report attributed an estimated $500 million in combined savings to eliminating transmission limitations in California, Mid-Atlantic PJM Interconnection, New York, and New England.

The study also suggests promoting technologies like superconductors.

Abraham said the timing of the study, which was ordered a year ago, was not intended to coincide with the current energy bills pending in the House and Senate.

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