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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

Utah Outage to Cost Scottish Power a Million a Day

LCG, Dec. 4, 2000--Scottish Power Plc said this morning that the 430 megawatt power plant in Hunter, Utah, belonging to its PacifiCorp subsidiary would be out of service for between four and six months to repair the windings in its generator.

The company said it have to buy power on the western U.S. wholesale market at unusually high prices to service customers through the winter, and said the "net cost impact" of the problem would be $1 million a day.

A short circuit in the inner core of the generator occurred a week ago and is thought to have been caused by a breakdown of the insulation on the wires that constitute the windings of the unit's rotor -- the part that is spun to generate electricity.

Winding insulation usually lasts forever, because it is not exposed to the elements and does not undergo any physical stress. The Hunter plant is less than 20 years old and was fully inspected last year. A Scottish Power spokesman said "This outage is an extremely rare occurrence."

The company said it would ask regulatory approval to recover the cost of its power purchases through increased rates to its customers.

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