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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

Edison and Ford Announce Plans to Develop Plug-in Hybrid Electric Vehicles

LCG, July 10, 2007--Edison International, the parent company of Southern California Edison (SCE), and Ford Motor Company yesterday announced their collaboration to examine the future of plug-in hybrid electric vehicles (PHEVs) as part of a complete vehicle, home and grid energy system. Edison and Ford plan to examine the potential benefits of PHEV use, including enhanced energy security, reduced greenhouse gas emissions, lower fuel costs and more cost-effective use of the nation's electricity grid.

SCE operates the nation's largest fleet of electric vehicles and the nationally recognized Electric Vehicle Technical Center in Pomona, California, where advanced battery technologies are tested to explore new applications of power and technology. Ford introduced the world's first hybrid sport-utility vehicle.

As a transportation fuel, electricity is 50 percent to 75 percent less expensive than the equivalent cost of a gallon of gasoline, according to Ford. However, PHEVs currently are not generally in use because of the high cost of advanced batteries.

Ford and SCE will explore whether these advanced batteries have other uses that could reduce their cost to consumers. For example, owners could charge their vehicles in the evening when the electricity prices are lower and use that energy during peak hours of the day, when electricity prices are high. Advanced batteries also could store energy from rooftop solar panels more efficiently. Furthermore, as such applications grow, Ford and SCE believe a secondary market could develop for the value present in used plug-in hybrid electric vehicle batteries at the end of their vehicle life.

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