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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

Calpine's Otay Mesa Energy Center Delivers Power to the Grid

LCG, October 22, 2009--Calpine Corporation announced yesterday that it has successfully placed into service its Otay Mesa Energy Center, a gas-fired, combined cycle electric generating facility located near San Diego, California.

Power from the 600-MW Otay Mesa Energy Center supplies San Diego Gas & Electric (SDG&E) electricity under a 10-year tolling agreement. The agreement enables SDG&E to dispatch power from the Otay Mesa facility to serve its customers, and SDG&E provides the natural gas to fuel the facility.

The advanced facility includes GE combustion turbines and a Siemens Westinghouse steam turbine. The cooling system at the plant employs air cooling, rather than using water. The Otay Mesa Energy Center is the largest air cooled power plant in California.
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