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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

Gas Drilling Sites Selected Off Canadian Coast

LCG, June 16, 2003--Two companies working on a natural gas project off Nova Scotia announced today that they have selected a location for drilling to take place later this year that is 275 kilometers (approximately 171 miles) southeast of Halifax.

The companies, Canadian Superior Energy Inc. and El Paso Corp.'s Canadian subsidiary, purchased the site in November 2001, with an outlay of $15.5 million ($11.54 US) they said they would spend on exploration. Canadian Superior is also developing a deep-water site, Mayflower, that is 460 kilometers (286 miles) east of Boston.

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