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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

Progress Energy Carolinas Adds Peaking Unit in North Carolina

LCG, June 1, 2009--Progress Energy Carolinas yesterday announced that a new combustion-turbine (CT) unit was placed into commercial operation at the Wayne County Energy Complex near Goldsboro, North Carolina. The company installed the unit to meet the growing summer peaking load.

The new unit is the fifth CT installed at the Wayne County Energy Complex, which began operating in 2000. The new unit increases the electric generating capacity from approximately 668 MW to 836 MW. All five units are capable of using either natural gas or low-sulfur oil to satisfy fuel requirements.
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