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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

Duke Commissions Australian Power Plant

LCG, June 25, 2001--A subsidiary of Duke Energy Corp. said Friday it had begun commercial operation at the 40 megawatt Bairnsdale Power Station in Victoria on Australia's southeast coast. Steve Backes, premier of the state of Victoria, officially inaugurated the state's first new power station in 10 years.

Duke Energy International also announced plans to install an additional 40 megawatts of generation to double the size of the plant by early 2002, and the possible development of a 240-megawatt power station at Australian Paper's Maryvale facilities in Victoria.

The Bairnsdale Power Station, a natural gas-fired plant supplied by the new Eastern Gas Pipeline, will strengthen the region's electricity system, which is under pressure during periods of high demand, according to DEI chief executive Bruce Williamson, who said the facility would help meet the growing needs of Victoria's power market.

"The plant will assist the local transmission system and be available to provide additional power during periods of peak demand to Victoria's electric grid," he said.

DEI said it will soon begin construction of a 463-mile extension of the Eastern Gas Pipeline from Victoria's coast to the island of Tasmania.

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