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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

Sempra Plans 600 Megawatts in Mexicali, Mexico

LCG, Feb. 22, 2001A subsidiary of utility holding company Sempra Energy Inc. said yesterday it would build a 600 megawatt natural gas-fueled power plant in Mexico, in the border town of Mexicali. Sempra values the project at $350 million and said the facility should begin commercial operation by the summer of 2003.

The plant, Termoelectrica de Mexicali, will be built by Sempra Energy Resources and would be connected to the California transmission system through a 230 kilovolt interconnect. Mexicali is 10 miles south of El Centro, Calif., and about 80 miles east of San Diego.

"Electricity from this new power plant can help alleviate California's energy crisis," said Donald Felsinger, Sempra Energy group president.

Natural gas fuel for the plant will be delivered through the new North Baja Pipeline, which will begin construction this summer. In order for Termoelectrica de Mexicali's power to be exported into California, permits will be required from the Mexican Energy Regulatory Commission and the U.S. Department of Energy, but not from California regulators.

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