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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

Long Island Power Study Points to Re-Powering, Not New Plants

LCG, August 6, 2002-C.W. Post's Center for Management Analysis released a study on Long Island, New York's power supply.

The report, developed at Long Island University's C.W. Post campus, comes to the conclusion that existing, old plants can be converted easily into combined cycle facilities, a process which could result in three times the current Long Island capacity.

According to Center for Management Analysis director Dr. Matthew C. Cordaro, as much as 4,700 new megawatts might be added through combined-cycle conversions.

Although the Center's study emphasizes bringing new technology to old plants, it also suggests that the completion of current New York power projects will prevent overextending the area's electricity capacity while improvements are made elsewhere.

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