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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

NRG Acquires 1,081 Megawatts of Delmarva Plants

LCG, June 25, 2001--NRG Energy, Inc. said this morning it has acquired 1,081 megawatts of baseload electric generating plants from Delmarva Power & Light Co., a subsidiary of Conectiv Inc.

As part of the agreement, NRG entered into both short- and long-term purchase power contracts with Delmarva Power to provide energy and capacity for the Delmarva Peninsula.

David H. Peterson, chief executive of NRG, said his company was "pleased to have a strong presence in the PJM (Pennsylvania-New Jersey-Maryland) market" which he termed "a vibrant, relatively mature and well-functioning market for electricity."

In a news release, NRG listed the plants acquired from Delmarva.

  • The 784 megawatt coal-fired Indian River Generating Station located on the Delmarva Peninsula near Millsboro, Del.

  • The Vienna Generating Station, a 170 megawatt oil-fired generating station located along the Nanticoke River in the town of Vienna, Md.

  • Of the 1,711 megawatt coal-fired Conemaugh Generating Station, NRG acquired 64 megawatts Friday and has plans to acquire another 66 megawatts after receiving regulatory approval. The plant is located on the Conemaugh River, approximately 60 miles east of Pittsburgh, Pa.

  • NRG also acquired 63 megawatts of the 1,711 megawatt coal-fired Keystone Generating Station, located approximately 50 miles east of Pittsburgh. NRG intends to acquire another 42 megawatts pending regulatory approval.

  • The BL England Generating Station, a 447 megawatt coal- and oil-fired generating facility on Great Egg Harbor Bay in the town of Beesley's Point, N.J.

  • The Deepwater Generating Station, a 239 megawatt gas, oil and coal facility, which sits along the Delaware River near the town of Pennsville, N.J.

Craig A. Mataczynski, chief executive of the company's NRG North America subsidiary, said "it has been a long and difficult period of uncertainty for the employees who run these plants and we are glad to welcome them to NRG Energy."

NRG said it expects to receive New Jersey Board of Public Utilities approval for the transactions sometime this summer.

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