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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

MISO Ready to Open New Electricity Markets

LCG, February 17, 2005--The Midwest Independent Transmission System Operator (Midwest ISO) yesterday announced that it has filed Certificates of Operational and OrganizationalReadiness with the Federal Energy Regulatory Commission (FERC), signaling that it is ready and prepared to commence operations of the new markets on April 1.

In August 2004, the FERC conditionally accepted the Midwest ISO's proposed Open Access Transmission and Energy Markets Tariff (TEMT), with one of the conditions that the Midwest ISO certify its market readiness. The Midwest markets were initially scheduled to be launched on March 1, 2005; however, on January 27, the ISO announced the one-month delay, which was stated to be in response to stakeholder requests.

The new market design includes Day-Ahead and Real-Time energy markets, with centralized, security-constrained, economic dispatch and locational marginal pricing (LMP) similar to that used in northeastern markets, such as PJM, New York ISO and ISO New England.

The Midwest ISO service territory extends from eastern Montana through the upper Midwest - including Manitoba - and south to parts of Kentucky and Missouri. With the implementation of the TEMT, the FERC's Standard Market Design, with LMP-based pricing, will generally be in use throughout the northern half of the Eastern Interconnect.

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service