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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

Georgia PSC Approves Spending on New Nuclear Units at Vogtle

LCG, August 17, 2011--Southern Company announced yesterday that the Georgia Public Service Commission (PSC) voted 5-0 to approve the spending on Vogtle Units 3 and 4 by its subsidiary, Georgia Power, for the period including July 1, 2010, through December 31, 2010. The Georgia PSC monitors construction of Vogtle Units 3 and 4 via monthly filings and semi-annual construction monitoring reports.

The $14 billion project, located near Waynesboro, Georgia, includes the construction of two 1,100-MW, AP1000 units for Georgia Power, plus co-owners Oglethorpe Power Corporation (OPC), the Municipal Electric Authority of Georgia (MEAG), and Dalton Utilities.

Southern Nuclear, another Southern Company subsidiary that operates Plant Vogtle's two existing nuclear units, is overseeing construction. Southern Nuclear is working under a Limited Work Authorization permit (since 2009) that allows for certain safety-related construction activities. Southern Nuclear will also operate the two new units.

The Vogtle project received additional good news earlier this month. First, Southern Nuclear received a schedule for the completion of the licensing process for Units 3 and 4 from the Nuclear Regulatory Commission (NRC). Second, the NRC completed its Final Safety Evaluation Report (FSER) for Units 3 and 4. Since clearing these two hurdles, Southern Company now anticipates the issuance of a Combined Construction and Operating License (COL) in early 2012. Once the COL is issued, full construction can begin, with commercial operations of the two new nuclear units expected to commence in 2016 and 2017, respectively.
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