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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

States Could Bring Suits Against Power Plants

LCG, Nov. 10, 2003--Attorneys general in three Northeastern states have indicated that they might try to enlist other state officials in bringing lawsuits against coal-fired power plants.

Last week, the Environmental Protection Agency (EPA) announced that it would consider possible violations of the Clean Air Act under revised standards, meaning that ongoing investigations would have less chance of being brought to trial. Richard Blumenthal, attorney general for Connecticut, Eliot Spitzer of New York, and New Jersey attorney general Peter Harvey have been in communication about possible legal action, according to Blumenthal.

Blumenthal said that the Bush administration's position on plant modernization directed towards the Northeast is "basically, 'Drop Dead'". If lawsuits are filed by states in addition to those filed against changes to the Clean Air Act, they would likely not have the same resources behind them as they might if they were being brought by the EPA.
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