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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

Pepco-Conectiv Merger Gets FERC Approval

LCG, Sept. 28, 2001--Potomac Electric Power Co. and Conectiv said yesterday they have received approval of their proposed merger from the Federal Energy Regulatory Commission, calling the green light "a significant milestone on the path to completing the combination of the two utilities."

Pepco also announced that regulators in Delaware, Maryland, New Jersey, Virginia, and the District of Columbia have now established schedules for reviewing the merger which are consistent with the companies' plans to complete the merger in the first quarter of 2002.

The companies said the merger will create the largest electricity delivery company in the Mid-Atlantic states with the largest transmission network serving the regional power grid. The new company will serve 1.8 million customers in the District of Columbia, Maryland, Delaware, New Jersey and Virginia.

The Federal Trade Commission and the U.S. Justice Department cleared the merger in August. Shareholders of both companies approved the merger in July.

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