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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

Sierra Pacific Resources Issues RFP for Renewable Energy

LCG, May 13, 2005--Nevada Power Company and Sierra Pacific Power Company yesterday issued a Request for Proposals (RFP) for renewable energy and/or renewable energy credits (RECs). The two companies, which are the utility subsidiaries of Sierra Pacific Resources, are seeking renewable proposals totaling about 200 MW of wind, geothermal, hydro and biomass energy, plus 70 MW of solar energy.

The RFP is in response to Nevada law that requires electric utilities to increase the use of renewable energy by two percent every other year until the renewable energy portfolio accounts for 15 percent of the total energy sales by the year 2013. Furthermore, the total for solar electricity must exceed five percent of the total renewable energy portfolio. Last year, Nevada Power was granted a waiver after failing to meet Nevada's renewable energy standards.

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