EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Jersey Consumer Advocate Opposes First Energy-GPU Deal

LCG, May 3, 2001New Jersey Ratepayer Advocate Blossom Peretz said yesterday that her state should attach conditions to its approval of the proposed $4.5 billion merger between First Energy Corp. of Ohio and GPU Inc., or disallow the combination.

Peretz said the state Board of Public Utilities should insist on guarantees that First Energy's takeover of GPU will save GPU's 1 million New Jersey customers money and that reliability of GPU's electric service will not be affected. She's also concerned how the deal will affect competition in New Jersey, how GPU's employees will make out, how programs for low-income customers will fare and whether New Jersey ratepayers could get stuck with decommissioning costs at Ohio nuclear power plants.

"We are concerned that out-of- state utility management will not place sufficient emphasis on the local issues of providing high quality service and affordable rates to New Jersey customers," Peretz said in a filing with the BPU.

Peretz complained that the merger, as announced, doesn't include any provision for sharing cost savings with New Jersey consumers. Then, in the next breath, she said the BPU should require the companies to pass on all of their cost savings to customers in the form of lower rates.

GPU officials think Peretz worries too much. "Any cost reductions will benefit ratepayers," said GPU spokesman Ned Reynolds. "We think this is a good deal for New Jersey consumers. It's not like GPU is going to disappear and everything is going to be run from Akron. We'll still have employees and managers here."

The takeover has been approved by shareholders of both companies and by the Federal Energy Regulatory Commission. In Pennsylvania, where GPU has another million customers, a state hearing officer has recommended approval. The deal does not require approval in Ohio.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service