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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

Santee Cooper Suspends Development of Coal-fired Power Plant in South Carolina

LCG, August 25, 2009--The board of Santee Cooper, South Carolina's state-owned electric and water utility, yesterday voted unanimously to suspend efforts to construct a 600-MW, coal-fired electric generating station in Florence County, South Carolina.

Santee Cooper identified three, primary reasons for discontinuing its efforts towards building the Pee Dee Energy Campus. First, the recession has reduced overall demand for electricity. Second, proposed federal government regulations regarding carbon emissions would significantly increase the operating costs of the coal-fired power plant. Third, Central Electric Power Cooperative, Santee Cooper's largest customer, plans to gradually reduce its reliance on using power supplied by Santee Cooper beginning in 2013.

The Pee Dee Energy Campus was scheduled to commence operations in 2012.
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