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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

Duke Energy Renewables Acquires Seville Solar Projects in California

LCG, July 29, 2015-Duke Energy Renewables yesterday announced it has acquired the 20-MW Seville I and 30-MW Seville II Solar Power Projects in California from Kruger Energy. The two projects are expected to be in service by year end, which will increase Duke Energy Renewables' total solar power capacity in California to over 100 MW.

San Diego Gas & Electric (SDG&E) will purchase the energy generated from Seville I and associated renewable energy credits (RECs) through a 20-year agreement. Imperial Irrigation District (IID) will purchase the power and related RECs from Seville II under a 25-year agreement.

The projects, Seville I and Seville II, are located on a 1,280-acre site in the Imperial County about 10 miles west of the Salton Sea. Construction is underway and will continue to be overseen by Kruger Energy.

The president, Commercial Portfolio, of Duke Energy stated, "The Seville projects are a sizeable addition to our California solar portfolio; they will almost double our solar capacity in the state. We're pleased to be adding quality projects that will bring economic development to Imperial County and contribute to California's leadership in renewable energy growth."
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