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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

Japan Considers Increased Gas Deregulation

LCG, December 26, 2002A Japanese Economy Ministry group has recommended opening the retail natural gas market to 44% of demand in 2004 and over 50% in 2007.

Japan already has made steps to deregulate its retail gas industry since 1995. Currently gas sellers that are not gas utilities can sell retail gas to commercial and industrial users at the rate of about 1 million cubic meters per year, or roughly 37% of all demand.

Now a group within the Ministry of Economy has advised a Japanese economic advisory board to allow 44% of natural gas to be sold in a deregulated market starting April 2004, and by April 2007, to deregulate over 50%.

Japanese officials have also discussed complete gas deregulation after 2007.

An advisory group will meet in January to discuss these suggestions, public commentary will follow, and another meeting will be held in February before any recommendations will be sent to Minister of Trade Takeo Hiranuma.

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