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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

Ohio Okays 550 Megawatter, Two Other Upgrades

LCG, Feb. 13, 2001The Ohio Power Siting Board said yesterday it has approved construction of a new 550 megawatt power plant and 45 megawatt expansions of two existing plants.

The new facility will be built by subsidiaries of Dominion Resources Inc. of Virginia and will be located near Dresden, Ohio. The natural gas-fueled plant will consist of two 172 megawatt gas turbine generators and a single steam generator of 250 megawatts.

The Dresden plant will be fueled through an existing natural gas pipeline that lies about 150 from the edge of the preferred site. Power will be delivered to the Ohio grid through a substation about two-thirds of a mile away. The company expects the plant to cost around $258 million.

In other action yesterday, the Siting Board authorized PG&E Dispersed Generating Co. to build 45 megawatt at each of two existing plants. Each expansion will consist of a 15 megawatt gas turbine and a 30 megawatt gas turbine. The cost of each project is expected to be $14 million.

Since May 1999, the Siting Board has approved a total of 5,665 megawatts of new generation in Ohio, of which 1,230 megawatts are already on line. The Board is also reviewing applications foranother 8,016 megawatts of generation capacity.

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