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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

'Analysts' Take Heat for Enron Buy Recommendations

LCG, Dec. 7, 2001--The U.S. Securities and Exchange Commission, which is already investigating the financial reporting of Enron Corp., now wants to take a look at securities analysts who kept recommending Enron's stock as a "buy" even as the company nosedived into bankruptcy.

Laura Unger, an SEC commissioner, said yesterday in an interview on CNBC television "What concerns me more is hearing that analysts still continued the strong buy recommendation as recently as in the last couple of weeks when it was at 90 cents."

Unger also took aim at Enron's auditors, the accounting firm of Arthur Andersen. "The accounting firm that had been the auditor for Enron for 10 years didn't seem to understand and of course that's an open issue," she said.

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