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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 Announces Massive Solar Power Plan

LCG, March 14, 2009--Pacific Gas and Electric Company (PG&E) announced yesterday that it plans to purchase 1,310 MW of solar thermal power from BrightSource Energy, Inc. The new agreement includes seven projects and supersedes an earlier agreement for up to 900 MW of solar power made in April 2008.

BrightSource Energy uses a solar thermal design that employs thousands of mirrors that track the sun and reflect the light to a boiler raised on a tower. The concentrated energy creates superheated steam, which is piped to a traditional steam turbine - generator set.

The initial project is the Ivanpah Solar Power Complex, located approximately 50 miles northwest of Needles, California in the Mojave Desert. Construction on the 110-MW solar facility is scheduled to commence late this year, given timely receipt of regulatory approval, with commencement of operations in 2012.
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