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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 Builds Momentum for Bay Area Power Plant

LCG, January 9, 2007--Calpine Corporation (Calpine) announced Friday that it has executed a ten-year tolling agreement with Pacific Gas & Electric Co. (PG&E) for the Russell City Energy Center, a proposed 600-MW, electric generating station to be built near Hayward, California. Calpine plans to commence construction of the gas-fired facility by spring 2008, with commercial operations to start by June 2010.

The Russell City Energy Center was proposed in 2001, but California's energy crisis and Calpine's subsequent financial challenges put the project on hold. Now the energy outlook has changed, and California's demand for electricity is growing.

Calpine sold a 35 percent equity interest in the plant to General Electric Energy Financial Services in the fall of last year, with Calpine retaining 65 percent ownership.






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