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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

Calpine Adds 350 Megawatts at South Carolina Plant

LCG, Sept. 6, 2001--Calpine Corp. said yesterday it has commissioned a 350 megawatt expansion of its Broad River Energy Center in Gaffney, S.C., bringing the peaking facility up to 890 megawatts of capacity.

Carolina Power & Light Co. has agreed to buy the entire output of the plant under a long-term contract, Calpine said. The first 540 megawatts, consisting of three combustion turbines, began commercial operation in June of last year. Two more combustion turbines were added in the expansion.

Bob Alff, senior vice president and head of Calpine's eastern region, said "We are extremely pleased to have an additional 350 megawatts of capacity available in time to help meet peak summer demands on the CP&L system."

Alff pointed out "This represents another strong step forward in our development of a diversified generating portfolio in the dynamic Southeast power market."

Including the Broad River expansion, Calpine currently operates 1,200 megawatts of combined base load and peaking capacity in the Southeast, in addition to 3,500 megawatts currently under construction and 2,700 megawatts in advanced stages of development.

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