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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

Florida PSC Approves FPL's Port Everglades Project

LCG, March 29, 2012--The Florida Public Service Commission (PSC) Tuesday approved Florida Power & Light Company's (FPL) request to modernize its Port Everglades Next Generation Energy Center in Broward County. PSC Chairman Ronald A. Bris' stated, "Making sure Florida's energy supply is dependable and cost effective protects consumers now and in the future. This modernization will produce more efficient, cleaner energy, and the plant's port location will maintain system reliability since backup fuel, if needed, can be delivered via water."

FPL plans to install a 1,277-MW, combined cycle electric generating station that will be fueled by natural gas at its existing site. As part of the project, four existing 1960s-era oil and natural gas fueled steam electric generating units will be dismantled. The new facility is scheduled to commence construction in 2014, with operations expected to begin in June 2016.

The $1.2 billion Port Everglades project is projected to save FPL customers $469 million relative to continued use of the old, existing units. Leveraging the existing site infrastructure and transmission lines makes the project quite cost effective.

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