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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

Peru to Go Ahead with Privatization Plan After Long Delay

LCG, December 13, 2002-After repeatedly delaying sales of national assets, Peru plans to begin privatization after new government officials take office January 1.

Peru had planned to sell state assets, including energy companies Egasa and Egesur, for $700 million. Earlier this year the country was forced to halt plans several times as investors pulled out and nationwide protests were held, resulting in the deaths of three protestors in June.

Now the country is ready to try again, poised to win the partnership of 25 regional governors who will take office soon. No one is quite sure of how control over state-owned assets will be divided between regional and central governments, as the creation of regional governments was voted on only recently, on November 17. However, the government agency Pro-Inversion, which is responsible for the sales of government assets, is positive about working with new regional governments.

Peru has decided to limit privatization of hydroelectric assets but is still interested in selling plants and gas projects. The energy companies Egasa and Egesur may be sold to Belgian company Tractabel for $167.4 million, pending court decisions.

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