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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

Official Inauguration of Walney Offshore Wind Farm

LCG, February 9, 2012--The United Kingdom Energy Secretary today led the official opening of the Walney Offshore Wind Farm, a 367.2-MW mega-project located approximately 9 miles off the coast of Cumbria. The $1.9 billion project is a joint venture between DONG Energy, SSE and OPW, and it includes 102, 3.6-MW turbines provided by Siemens.

CEO of DONG Energy stated, "Walney is a landmark in offshore wind and DONG Energy?s strong drive to further industrialize offshore wind power and cut costs. It demonstrates our commitment to invest in the UK."

The project was completed in two phases (Walney 1 and 2),each including 51 turbines. The rotor diameter of the turbines is 107m for Walney 1 and 120m for Walney 2, with a maximum height of 150m from blade tip to sea level. The total area of the development is some 73 square kilometers. Walney 2 was completed in November of last year.
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