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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

TXU Plans New Coal-fired Power Plant in Texas

LCG, July 29, 2005--TXU Corp. submitted an application on Wednesday with Texas environmental regulators for an air permit in support of its plans to construct a 1,720-MW, electric generating station 120 miles southeast of Dallas in Robertson County, Texas. The project is targeted to commence operations in 2009 or 2010, at the earliest.

The proposed new plant, to be named Oak Grove, would be built on the site of an earlier project that was deferred in the 1990s. According to a TXU spokesperson, the site is adjacent to a TXU lignite mine, with access to rail lines and water supplies as well.
TXU stated that it is exploring the potential to partner with others, including local cooperatives and municipal systems, on the project.

TXU is not alone in pursuing the development of coal-fired power plants in Texas. Earlier this month, Sempra Generation, a subsidiary of Sempra Energy, submitted its air-permit application to the Texas Commission on Environmental Quality as part of its efforts to add a 600-MW, coal-fired unit at its Twin Oaks Power Plant near Bremond, Texas. The new unit is estimated to cost $750 to $800 million. Construction is expected to begin in 2007, with the plant operational in 2011.

TXU's and Sempra's affinity for new coal-fired capacity indicates a new direction for generation planning in Texas. The wave of new, efficient, natural gas-fired electric generators built in Texas over the past few years led to a surplus of generating capacity, which in turn has pushed older, less-efficient plants towards retirement.

Texas Genco LLC announced in January that it planned to retire nearly 3,800 MW of gas-fired generating units at six power plants in the vicinity of Houston. TXU also announced in January its plans to stop operating nine, 65-MW, gas-fired combustion turbines installed at Permian Basin and DeCordova Stations.

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