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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

Florida Approves Calpine 529 Megawatter

LCG, June 28, 2001Calpine Corp. said this morning that the Florida Power Plant Siting Board had granted final state regulatory approval for its proposed 529 megawatt Osprey Energy Center, to be located in Auburndale, east of Tampa in central Florida.

The Siting Board, comprised of Gov. Jeb Bush and the state's independently elected cabinet, voted unanimously for approval.

Calpine said it is the first independent power producer to receive approval of a Site Certification Application for a large-scale combined-cycle generating facility under Florida's complex Power Plant Siting Act.

The company said it would begin construction later this year but did not say when commercial operation could be expected. Fuel for the plant will be supplied by the new Gulfstream Pipeline, which is currently under construction.

The Osprey Energy Center will provide output under long-term contract to Seminole Electric Cooperative Inc.

Bob Alff, Calpine senior vice president and head of its east region portfolio said "We are greatly pleased to be the first independent power producer to successfully navigate Florida's difficult power plant approval process."

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