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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

Newsmakers

Dave Jeronimus has been named senior vice president for environmental services by Minnesota Power Co. He joined Minnesota Power in 1974 as an assistant engineer and was promoted to positions of increasing responsibility, including vice president for environmental services in 1999.

John E. Schneider has been named chief financial officer of Semco Energy Inc., replacing Sebastian Coppola, who left the company Oct. 19. Schneider had been chief operating officer of Semco Energy Gas Co., the Michigan division of its natural gas distribution utility, since February of last year.

Douglas Whisenant has been named president and chief executive officer of the interstate natural gas pipeline division of The Williams Companies Inc. Until recently, he was senior vice president and general manager of Williams' Salt Lake City-based Kern River and Northwest Pipeline.

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