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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

New York State Okays 800 Megawatt Sithe Plant

LCG, Jan. 24, 2001Sithe Energies Inc. said this morning that the New York State Board on Electric Generation Siting and the Environment had granted in a certificate of environmental compatibility and public need for an 800 megawatt power plant proposed for the Town of Scriba near Oswego, N.Y.

The new facility, called Heritage Station, is a joint venture between Sithe and General Electric Co. and will use GE's latest gas turbine equipment. Construction is expected to begin this spring with commercial operation penciled in for 2004.

"This approval demonstrates that a collective effort among the electric generation industry, localresidents and public officials can contribute real solutions to New York's present and future electricityneeds," said Barry Sullivan, Sithe's vice chairman.

The new power plant will be built adjacent to Sithe's existing Independence Station in Scriba.

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