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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

Williams Keeps License and Will Sign New CA Contract

LCG, July 29, 2002-The Federal Energy Regulatory Commission decided not to revoke Williams Cos.'s power trading license, and California expects to rewrite a long-term contract with the company.

State officials had asked FERC to order the renegotiation of Williams' long-term contracts signed during the power crisis, when electricity prices were unreasonably high, and officials have also asked for a $9 billion refund from the company.

Williams is expected to sign an agreement addressing California's litigation and claims against Williams.

The state will not comment on the agreement until it has been signed.

On Friday, FERC decided not to revoke the energy company's electricity trading license. Earlier the license was threatened because FERC said that Williams did not completely address an order to make available trading information regarding electricity trades during the California crisis.

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