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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

Maritimes & Northeast to Double Capacity

LCG, June 20, 2001--Maritimes & Northeast Pipeline said yesterday it has agreed with PanCanadian Petroleum Ltd. to transport up to approximately 400 million cubic feet per day of natural gas from the PanCanadian-owned Deep Panuke project offshore Nova Scotia to markets in Atlantic Canada and New England.

To handle the additional capacity, Maritimes proposes to expand its mainline at a cost of about $330 million (U.S.). The expansion is scheduled to be completed in late 2004 or early 2005 to meet the PanCanadian planned production target of first quarter of 2005.

Michael Phelps, chairman and chief executive officer of Westcoast Energy Inc., the lead partner in the Canadian portion of Maritimes, said "With this expansion, we are well on the way to our goal of doubling system capacity to 1.2 billion cubic feet per day by 2005 and to 2 billion cubic feet per day by 2010."

Phillip Knoll, president of Maritimes & Northeast Pipeline, predicted "This project will see our transportation rates dropping significantly, enhancing the competitiveness of Scotian Shelf natural gas in relation to other supply basins in North America."

Maritimes said it would soon file applications to the Canadian National Energy Board and the U.S. Federal Energy Regulatory Commission for project review and approval.

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