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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

U.K. Opens Way for Large Increases in Windpower

LCG, July 24, 2003--An increase in offshore wind generation is being sought by the U.K. government, which announced that invitations will be made to bid on options to lease sites that could see the installation of 1,500 turbines over 100 meters in height.

Previous proposals regarding electricity generation from wind had represented one-fourth as much capacity as the current one. The announcement by the trade and industry secretary indicated that construction could create 20,000 jobs related to construction and engineering, and that the plans would enable progress on reaching a 10 per cent minimum requirement for renewable power by 2010.

Bidders for the sites, in three coastal areas up to 10 kilometers from shore, may include oil companies and power providers such as PowerGen, Innogy, Scottish and Southern & Scottish Power. While wind developers and Greenpeace, the environmental group, heralded the significant boost in support for wind technology, Vince Cable, a Liberal Democrat, noted that a variety of renewable technologies, including tidal and solar power, should be supported through regulatory means, and that a single source should not be the entire focus of such development.
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