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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

FTC Asked to Probe Enron for Possible Fraud

LCG, Dec. 26, 2001--The chairman of the Senate Commerce Committee and the leader of its Subcommittee on Consumer Affairs have asked the U.S. Federal Trade Commission to investigate Enron Corp. for possible fraud and misrepresentation of facts in connection with the company's spectacular collapse.

Reuters news agency reported this morning that Sens. Ernest Hollings, a South Carolina Democrat who heads the Commerce Committee, and Byron Dorgan of North Dakota, also a Democrat and chairman of the Consumer Affairs Subcommittee, wrote last Friday to FTC Chairman Timothy Muris, asking the commission to look into whether Enron engaged in "deceptive acts," "unfair methods of competition" or "any other conduct that the Commission would deem to be harmful to consumers."

Dorgan's subcommittee has already begun its own probe of Enron's nosedive and both the Securities and Exchange Commission and the Justice Department have investigations of their own underway. Enron chief executive Kenneth Lay is scheduled to testify before Dorgan's panel on February 4.

In their letter to Muris, the two senators said the ultimate cause of Enron's collapse "extends well beyond possible violations of securities regulations" and the case raises questions of possible commercial fraud, misleading disclosures, illegal accounting practices, illegal partnerships with third party entities and conflicts of interest.

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