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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

Calpine's Fox Energy Center Begins Operations

LCG, June 7, 2005--Calpine Corp. announced yesterday that the Phase I commercial operations have commenced for the new, 300-MW, Fox Energy Center, located near Kaukauna, Wisconsin. Wisconsin Public Service Corporation has purchased about 150 MW of capacity from the combined-cycle power plant under a long-term contract that began June 1, 2005.

After acquiring the project from a subsidiary of MidAmerica Energy Holdings, Calpine initially planned to construct a 305 MW plant to provide 235 MW to Wisconsin Public Service Corporation. Last August, Wisconsin Public Service Corporation and Calpine announced that they had executed a contract to expand the project and provide for an additional 235 MW, ten-year power sales commitment for capacity, energy and ancillary services to begin on June 1, 2006.

The Fox Energy Center utilizes General Electric's advanced 7FB combustion turbines. Phase I of the project incorporates a single combustion turbine in a combined-cycle configuration with a heat recovery steam generator (HRSG), plus supplementary duct-firing, and a steam turbine generator. Phase II will add another combustion turbine and HRSG. With the completion of Phase II, which is scheduled by the end of 2005, the plant capacity will be increased to over 550 MW. The station can burn either oil or natural gas that is delivered via the ANR Pipeline.

According to Calpine, the project is being constructed under the Calpine Construct Plus model, whereby Calpine serves as general contractor for the facility. Calpine has obtained financing for the power plant through a $400 million, 25-year, non-recourse sale/leaseback transaction with affiliates of GE CommercialFinance Energy Financial Services.

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