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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

Exelon Announces Plan to Install 195 MW of Additional Peaking Capacity in Medway, Massachusetts

LCG, February 6, 2015--Exelon Generation announced yesterday that it will add two gas-fired peaking units at an existing power plant in Medway, Massachusetts. The expansion project is in the permitting phase now, and construction is expected to begin in 2017. The project is scheduled to be completed by the summer of 2018.

The project will add 195 MW of capacity to the existing West Medway Generating Station, which was acquired by Exelon from Boston Edison in 2002. The existing plant capacity is 117 MW and includes three peaking units that can be fueled by either natural gas or oil. The two new units will also have dual fuel capability.

The new peaking capacity is planned to improve regional reliability and complement the growing intermittent solar and wind resources.

The president of Exelon Power stated, "We are excited to develop this new project in the greater Boston area.This project demonstrates the new 'pay for performance' capacity construct works and that it will attract development of new resources needed in the region."
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