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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

Palisades Nuclear License Extended 4 Years

LCG, Dec. 18, 2000--Michigan utility Consumers Energy Co. said Friday that the Nuclear Regulatory Commission had granted its request to extend the operating license of its 789 megawatt Palisades nuclear power plant by four years.

The original license for the plant was issued in 1968 and would have expired in 2008. However, the license period included the four years the plant was under construction. As modified, the license will now run from March 1971, when the plant began commercial operation, until March 2011.

Getting the extension seems as though it should have taken little more than phone call, but these are weighty matters. "This is a major achievement for Palisades which resulted from thousands of hours of work by our employees," said Robert A. Fenech, the utility's senior vice president for nuclear, fossil and hydro operations.

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