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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

Las Vegas-Area Plant Near Operation

LCG, Jan. 27, 2003--Testing is underway at a new 533-megawatt power plant built by Mirant Corp. in an industrial area of Las Vegas, Apex.

The gas-fired, combined-cycle faciity is expected to produce power in early April, and will use minimal water for cooling (30 gallons per minute), relying primarily on air. Mirant has planned from the beginning of the project to install a second phase at the Apex Generating Station of approximately the same size as the first, but has not said when it might begin construction.

Output from Apex will be sold under contract, although the company is still working to sign deals for the plant's capacity. Another project scheduled to open in the fall is Reliant Energy's Primm plant, a 550-megawatt facility.
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