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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

PG&E Unit Begins Building Big Arizona Power Plant

LCG, May 22, 2001PG&E Corp.'s National Energy Group, an affiliate of bankrupt California utility Pacific Gas & Electric Co., began construction yesterday of a 1,048 megawatt natural gas-fueled, combined cycle merchant power plant on a site 70 miles west of Phoenix, Ariz.

The Harquahala Generating Plant is scheduled to begin commercial operation in mid-2003. According to the National Energy Group, the plant will provide 35 full-time jobs when completed and will spend between $6 million and $7 million annually on local purchases. The facility will also generate more than $10 million a year in local property taxes.

Among those present at a ground breaking ceremony were Maricopa County Supervisor Mary Rose Wilcox and Arizona Corporation Commissioners Jim Irvin and Marc Spitzer. Tom Boren, chief executive of the national Energy Group, presented Wilcox with the first of 11 checks for $50,000 to the Harquahala Generating Community Fund.

Wilcox, in turn, said she was confident that the company would be careful about the environment "in the spirit of good corporate citizenship."

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