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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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NRC Completes Safety Review of Construction Permit Application for TerraPower's Kemmerer Power Station in Wyoming

LCG, December 1, 2025--The Nuclear Regulatory Commission (NRC) announced today that the NRC staff completed its final safety evaluation for the application submitted by TerraPower, on behalf of its subsidiary US SFR Owner, to construct the Kemmerer Power Station Unit 1 in Kemmerer, Wyoming. Unit 1 will be the first nuclear project of its kind using the Natrium advanced reactor design. The evaluation concludes there are no safety aspects that would preclude issuing the construction permit.

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Industry News

Italy’s Enel to Build 920 Megawatt Plant for Dubai

LCG, July 20, 2000--Italys largest power company, looking abroad following liberalization of the Italian electricity market ended its monopoly at home, has won a contract worth about 1.2 trillion lire ($574,200,000 U.S.) to build a combination combined cycle power plant and desalination plant in Dubai.

The Enelpower subsidiary of Enel SpA will build a 920 megawatt power plant in Jebel Ali at a cost of 800 billion lire ($382,000) and Fisia Italimpianti, a unit of Italys Impreglio SpA, will build at the same location a desalination facility for around 400 billion lire ($191.000).

Enel said the combination power and desalination plant was the largest ever in the United Arab Emirates. The contracts were awarded by the Dubai Electricity and Water Authority.

Luigi Giuffrida, Enelpowers managing director, said "The contract marks a further success for the company's overseas expansion strategy, and confirms Enelpower's competitiveness, even in countries, like Dubai, that require the use of advanced technology."

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