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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

DOE Backs Bonneville Wind Power Projects

LCG, June 26, 2001--The U.S. Department of Energy announced this morning that, through the Bonneville Power Administration, it intends to sign pre-development agreements for seven wind power projects to provide an additional 830 megawatts of generating capacity in the Pacific Northwest.

"Hydropower, geothermal, wind, and other renewables are highlighted in the National Energy Policy for their potential for strengthening America's energy security," said Energy Secretary Spencer Abraham. "While renewables remain a small percentage of our electricity generation portfolio, we look forward to increasing this share through continued federal leadership."

Bonneville, the huge taxpayer-owned electricity marketer, selected the wind projects from 25proposals totaling about 2,600 megawatts, the largest request for wind proposals ever conducted in the United States.

The average first-year cost of the power is expected to be less than $30 per megawatt-hour, the DOE claimed. After adding in costs of intermittent wind generation, Bonneville's wind program is projected to be cost-competitive with other sources of generation such as coal and natural gas.

The Energy Department said the projects could be up and running in about two and a half years. Five of the projects are in Washington State and two are in Oregon.

Because of the unreliability of wind, power generated in wind farms cannot be contracted for in advance, and must be used to offset reliable generation that may be less environmentally benign. Moreover, wind power experts concede that wind power installations can be expected to produce only 20 percent of their nameplate capacity.

The DOE, it appears, will fund the equivalent of 166 megawatts of back-up generation. Financial details were not disclosed.

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