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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

Enron Seeks Monopoly Exemption for Portland Utility

LCG, Oct. 7, 2002--Bankrupt Enron Corp., which owns the utility Portland General Electric (PGE) in the state of Oregon, has sought to have the utility made exempt from decades-old Public Utility Holding Company Act legislation barring monopolies.

Companies that conduct business in a single state may apply for such an exemption. A hearing will be conducted by the Securities and Exchange Commission on whether PGE meets this requirement.

One area to be examined is Portland General's 20-percent ownership of the Pacific Northwest Intertie, across which power flows between Oregon and California. The agency will try to determine how much revenue PGE earns from power deliveries at the Mid-Columbia trading hub.

Enron has put the utility up for sale, and a deadline for bids is set for November.
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