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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

EdF in 715 Megawatt Power Plant for Vietnam

LCG, Sept. 17, 2001--A consortium led by Electricit de France was set to received a license from the government of Vietnam to build a 715 megawatt, $480 million gas-fueled power plant at the southern coast city of Phu My, Deutsche Presse-Agentur reported this morning.

The Vietnamese Ministry of Industry confirmed the licensing, which was to include the signing of a contract with the ministry, a power purchase agreement with state monopoly Electricity of Vietnam and a gas supply agreement with PetroVietnam.

According to Deutsche Presse-Agentur, the 715 megawatt Phu My 2-2 is to be part of the 3,600 megawatt Phu My Power complex in southern Ba Ria-Vung Tau province. EdF has already contracted with General Electric Co. of the U.S. to supply turbines for the plant.

Fuel for the plant will be piped onshore from Nam Con Son sea basin project off the coast. Construction of a $565 million, 236-mile underwater pipeline from Nam Con Son basin to Phu My station began in May.

When completed in 2004, the entire Phu My complex will generate enough power to meet roughly 40 per cent of Vietnam's electricity needs, Electricity of Vietnam has said.

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