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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 Sells Coal and Natural Gas Assets

LCG, November 7, 2002-El Paso Corp. plans to sell over a half a billion dollars worth of assets.

El Paso, the continent's largest pipeline company, has announced the sale or future sale of some of its coal reserves, coal properties, and gas-related assets.

El Paso has said Natural Resource Partners L.P. intends to buy Coastal Coal's reserves in areas of West Virginia and Virginia for $69 million.

Westport Resources company plans to buy natural gas sources in Utah for $502 million. Uintah Basin and Ouray Fields have a combined total of over 1,000 wells, producing roughly 80 million cubic feet of gas per day.

Currently, El Paso Corporation is under scrutiny for allegedly restricting gas supply to California during the California energy crisis of 2000/2001.

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