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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

NRG Receives Air Permit for Big Cajun II Coal Plant

LCG, August 23, 2005--NRG Energy Inc. announced yesterday that it has received an air permit from the Louisiana Department of Environmental Quality to add a fourth electric generating unit at its Big Cajun II power plant. The planned generating capacity of the new unit is 675-MW, and the plant would consume low-sulfur coal from Wyoming.

Big Cajun II is located in Pointe Coupee Parish, Louisiana and currently provides 1,700-MW of coal-fired, generating capacity. The plant is owned and operated by Louisiana Generating LLC, a wholly owned subsidiary of NRG. NRG co-owns Big Cajun II's unit three with Entergy, which owns a 42 percent share.

The estimated cost for the new facility is $1 billion. NRG anticipates a four-year construction period for the project, with the new unit commencing operations in 2009. Prior to proceeding; however, additional permits are necessary, along with power purchase agreements with customers. Big Cajun II currently generates electricity for eleven Louisiana power cooperatives.

Governor Kathleen Blanco is lending her support to this proposal. Last month, she lent her support to two other proposals to develop base load generating capacity that are not fueled by natural gas, the price of which has been soaring. Last month, Cleco Power, the utility subsidiary of Cleco Corp., announced its plans to build a 600-MW, coal-fired power plant. Cleco filed plans for the project with the Louisiana Public Service Commission (LPSC) and anticipates the project to commence operations in 2009. NuStart Energy has also identified the River Bend Nuclear Station in Louisiana as a top-rated site for developing a new nuclear power plant.

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