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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 Launches Its Green Source Rider Program with Google

LCG, November 25, 2015--Duke Energy announced yesterday that Google is the first company to participate in Duke Energy's Green Source Rider program, under which Google will use renewable energy to meet a portion of its energy needs. Duke will provide renewable energy to supply the new energy demand at Google's expanded data center in Lenoir, North Carolina.

"Google was a driver behind Duke Energy seeking approval for the Green Source Rider," said Duke Energy's Senior Vice President of Distributed Energy Resources. "Having Google as the first company to publicly announce its participation is extremely satisfying. We believe this will lead to similar announcements in the future."

The renewable power will be purchased by Duke Energy Carolinas from Rutherford Farm, LLC, a qualifying facility (QF). The 61-MW solar photovoltaic (PV) project will be built in Forest City, North Carolina. The developer is Cypress Creek Renewables. In the announcement, Duke stated that other Duke Energy customers will not pay for the project.

The project will be one of the largest solar projects in North Carolina, where the state Renewable Energy Portfolio Standard requires that six percent of investor-owned utilities' electricity sales in the state be supplied by renewable energy (or be replaced by energy conservation). The requirement scheduled to increase to 12.5 percent by 2021.
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