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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

LADWP Backlogged with Power Rebates

LCG, Feb. 15, 2002--Responses to a Los Angeles Department of Water and Power rebate program highlighted during last year's energy crisis are still being processed, the month before the program is due to end.

Steve Matsuda, a DWP assistant director said, "when we started we anticipated a good level of participation, with maybe a couple of thousand jobs for the year. Then with the energy crisis, there was a lot greater interest." The DWP received six times as many responses as it had anticipated.

The rebates, which were offered in return for customers' purchases of appliances that surpass energy efficiency standards, range from $600 to $1000. The rebates were supported and enhanced by state funding. Of 7,500 rebate applications that have been filed, 2,000 remain outstanding.

DWP's rebate offer will end in March, and may be succeeded by a different set of incentives.
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