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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

Jamaica Bay Energy Center Operational

LCG, July 7, 2003--New York's Long Island Power Authority will have an additional 54 megawatts of generating capacity from the Jamaica Bay Energy Center, developed by FPL Energy, LLC, the subsidiary of FPL Group.

The generating unit will serve primarily during peak demand periods, and is located in the borough of Queens, New York. According to Long Island Power Authority chairman Richard M. Kessel, "Demand for electricity in the Rockaways has increased dramatically in recent years. FPL Energy's new Jamaica Bay Energy Center will help LIPA meet that ever-growing demand, especially as some very impotant local redevelopment projects come to fruition in the near future."

The plant has dual-fuel capability, and like FPL's adjacent Bayswater Energy Center, will sell its output to the Long Island Power Authority under long-term contract.
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