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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

Conversion of Coal-fired Plant Near Completion

LCG, Apr. 21, 2003--The shutdown of the coal-burning part of the Noblesville power plant in Indiana in late February will be followed in June by the start-up of three new gas-fired combustion turbines, according to Cinergy Corp.

The plant was rated at 90 megawatts previously, and with the operation of the gas turbines, will have a nominal capacity of 300 megawatts. The turbines from the coal plant will be run by steam created by the new turbines. Emissions will be reduced by 94 percent, PSI Energy Inc., the Cinergy subsidiary responsible for the conversion, said.

The same firm that designed the original NOblesville plant, Sargent & Lundy, has also done the engineering work for the current installation. It is thought that the facility will produce power for about half the year, for peak demand. The increased efficiency and reduced emissions may aid PSI Energy in reaching a final agreement with the Environmental Protection Agency over emission limits to accompany capacity expansion. Hamilton County will benefit from the new turbines, as its reserve margin has been as low as 1 percent in the past few years.
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