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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

Brooklyn Activists Oppose Greenpoint Power Plant

LCG, June 25, 2001Activists from the Greenpoint and Williamsburg sections of the New York City borough of Brooklyn last week mounted a "vocal and vehement" opposition to a 1,000 megawatt power plant proposed for an area along the waterfront, the New York Daily News reported today.

Energy experts, the New York Independent System Operator and others are agreed that the Big Apple needs additional generation to keep pace with growing demand and to avoid California-like power supply problems. The New York Power Authority has been installing 11 small generating stations of 45 megawatts each to avoid the possibility of blackouts this summer.

Nevertheless, the "not in my backyard" syndrome is alive and well in Gotham. Opponents argue the neighborhood is already overburdened by power plants, waste transfer stations and other sources of pollution, the paper said. And they argue the proposed plant will scuttle plans to revitalize the northern Brooklyn waterfront.

Despite the opposition, the plant's developer has vowed to proceed with the project. "We're proceeding on course," said developer Adam Victor of Clean Point Energy immediately after a stormy community meeting where he was met with boos and catcalls.

Clean Point Energy seeks to build a natural gas-burning power plant on a 4-acre site owned by a fuel oil company on the Greenpoint-Williamsburg waterfront. Victor argued the modern, cleaner-burning plant will replace older, more polluting power plants used in the city.

But members of the combative, overheated crowd jeered his presentation, the Daily News said. "You're on notice, sir, that we don't want you here," said activist Barbara Vetell at the close of the meeting. "Now why don't you just get out?"

Following the meeting, Victor told the paper he was "saddened" by the community's aggressive furor. But he said he stood firmly behind his plan.

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