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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

Presque Isle Unit Back in Operation

LCG, June 13, 2003--Another generating unit at the Presque Isle power plant, in Wisconsin's Upper Pensinsula, is again online, after having been flooded in May after a dam failure on the Dead River of Michigan.

Unit 7 is operating at almost 50% of its capacity, according to Chris Iglar, a spokesman for Wisconsin Energy Corp.'s utility We Energies. The potential output for the unit, one of nine at the plant, is 80 megawatts.

Overall, a total of four coal-fired units are operational, generating about 250 megawatts.
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