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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

Gov. Pataki Suggests Bond Agency to Support Power Infrastructure

LCG, Sept. 17, 2003--New York Governor George Pataki has put forward a plan supported by the state Senate and opposed by the House that would assist private companies by issuing bonds for the purpose of supporting generation and transmission projects.

Pataki, a Republican, said in a statement that "this common sense proposal will encourage improvements and investment in New York's energy infrastructure well into the future."

Opposition to the bill in question is based on provisions that would streamline the process for public comment, according to Democrats in the House. The New York Public Interest Group said that under the bill, "the public's voice is needlessly silenced."

According to Steve Mitnick, the chief executive officer of a company with plans to build lines that would carry power between upstate New York, New England, Canada and New York City, which has not had growth in generation commensurate with growth in demand, government funding will not be used. Conjunction L.L.C. hopes to complete the lines, with 2300 megawatts of capacity, by mid-2006, at a cost of $750 million. Mitnick said that the flows into New York City could account for one-quarter of the city's needs.
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