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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

PG&E Starts Construction of Power Plant in Antioch

LCG, January 25, 2007--Pacific Gas & Electric (PG&E) announced yesterday that construction has commenced at its Gateway Generating Station, located in the Bay Area near Antioch, California. The gas-fired power plant will have an electric generating capacity of 530 MW.

PG&E completed the acquisition of the partially built facility in November of last year as part of a settlement agreement with Mirant related to claims of market manipulation. The facility was previously known as Contra Costa Unit 8.

PG&E plans to invest an additional $370 million to complete the project, and commercial operations are scheduled to start in 2009.

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