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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

Duke Announces It Did Not Participate in Enron Strategies, Dynegy Rewrites 2001 Revenues

LCG, May 17, 2002-The Federal Energy Regulatory Commission ordered energy companies to hold onto trading records and state whether or not they participated in certain trading strategies, and the some of the most recent companies to respond are Duke and Dynegy.

Duke Energy asserted today that it did not participate in any of the twelve strategies outlined in the Enron memos released last week. The company said that it looked over trading from 1999 to 2001 and that under 1 percent of trades and revenues were from such trades, adding that those falling in that less-than-1-percent were conducted to ensure real-time prices, not increase volume.

Meanwhile, Dynegy, which is under formal investigation by the Securities and Exchange Commission, has revised its 2001 net income by 12 percent after a tax benefit, related to a natural gas transaction, came under review.

Baltimore-based Constellation Energy Group also announced yesterday that it did not participate in trading volume inflation and that it never had any goals to trade in high volume.

Last week and early this week energy companies Reliant Resources and CMS Energy Corp. said they did participate in "round-trip" trading in order to increase trading volume.

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