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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

California PUC Accused of Mishandling Contract Bidding

LCG, July 29, 2002-The Black Chamber of Commerce, California Disabled Veterans Alliance, California American Hispanic Chamber of Commerce, and the Council of Asian American Business Association have asked for a state investigation of $100 million in energy contracts.

The advocacy groups say that the California Public Utilities Commission did not obey state contracting law when conducting bidding.

Over this summer the PUC signed nearly 100 contracts with companies for promotion of energy saving devices, such as for fluorescent bulbs and insulation.

The groups say that the PUC's method of awarding contracts did not allow their members to compete in the bidding, alleging insufficient publicity and improper bidding processes.

PUC contends that it does not have to operate according to state contracting rules, and PUC energy division head Paul Clanon says that 10 percent of the money in question went to businesses owned by women or by ethnic minorities.

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