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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

El Paso Pipeline to Benefit California

LCG, May 31, 2002--The Federal Energy Regulatory Commission decided El Paso Corp. should alter its gas pipeline allotment practices to benefit California.

According to FERC, El Paso must renegotiate contracts, eliminating preferences that were given to Arizona and New Mexico shippers. The company welcomed FERC's order, saying it will not have any "adverse economic impact" on the company.

Prior to the decision, Southwest shippers could take as much gas as they required, and California, which saw rapid population growth, had trouble getting the gas it wrote contracts for.

All shippers will receive equal consideration by November, and El Paso has plans to build an addition 550 million cubic feet of pipeline into California by the end of this year.

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