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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

First Solar and PNM Sign Agreement for Solar PV Projects in New Mexico

LCG, January 21, 2010--First Solar announced Tuesday that it executed an agreement with PNM to build 22 MW of solar photovoltaic (PV) electric generating capacity at five sites within PNM's service territory in New Mexico.

"We are proud to have a company with First Solar's internationally recognized expertise and reputation building these facilities to help us meet the growing energy needs of our customers," said Pat Vincent-Collawn, PNM president and CEO.

State regulators must now review and approve the contract between PNM and First Solar. The contract would be the first contract under the terms of a new agreement PNM reached with state environmental, renewable energy and governmental entities. The new agreement with state entities is scheduled to be filed with the New Mexico Public Regulation Commission on Monday and targets installing a total of 45 MW of utility scale solar PV to PNM's system in the next two years.

First Solar will install the systems and use PV panels it manufactures. Construction is scheduled to commence following regulatory approval and to end by late 2011. When the projects are completed, PNM will own the projects.
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