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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

Proposed Nevada Coal Plant Nears Construction Phase

LCG, July 28, 2005--Newmont Mining Corporation announced that construction of its proposed 200-MW power plant is awaiting final completion of the air permitting process. In its second quarter results released yesterday, Newmont Mining stated that all other required permits have been approved and issued by the appropriate agencies.

The planned location for the coal-fired plant is east of Battle Mountain and three miles north of Interstate 80 on Newmont's TS Ranch. Power generated by the plant will serve mining operations that are currently supplied by Sierra Pacific Power. Coal for the plant would come by rail from the Powder River Basin of Wyoming. The company plans to complete the project in 2007.

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