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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

FERC Okays El Paso Gas Commitment in Arizona

LCG, June 27, 2001--The Federal Energy Regulatory Commission on this morning approved a plan by El Paso Corp. unit El Paso Natural Gas to supply 620 million cubic feet of natural gas per day to fuel two new electric generating plants in Arizona.

The two plants are the 2,210 megawatt Redhawk facility owned by Pinnacle West Capital Corp., parent company for Arizona Public Service Co., and the nearby 1,000 megawatt Arlington Valley power plant owned by Duke Energy Corp.

The Redhawk plant would burn about 410 million cubic feet of gas a day, while the Arlington Valleyplant would need another 210 million cubic feet a day.

Other shippers using the same pipeline expressed concern that the existing pipeline may not have sufficient capacity to support to two power plants and FERC has asked El Paso to provide assurance that they will be protected.

In order to provide gas to the power plants, El Paso will extend its pipeline by 7 miles at a cost of about $8 million.

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