EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

PG&E Bankruptcy Mediators Appointed

LCG, Feb. 28, 2002--A set of mediators appointed by U.S. Bankruptcy Judge Dennis Montali to bring opposing arguments by Pacific Gas & Electric Co. and the California Public Utilities Commission closer to an understanding were approved by both parties, and by state Attorney General Bill Lockyer, yesterday.

The appointees are Antonio Piazza and Marc Feder, of the San Francisco firm Gregorio, Haldeman and Piazza. PG&E had been resistant to mediation, and has argued against the CPUC's proposed reorganization plan, which competes with its own plan. Montali said that he is now considering both plans, although the CPUC will need to submit a more substantial proposal by April 15. PG&E intends to submit an updated plan March 7.

Under the CPUCs proposal, excess revenue realized by PG&E would be used to pay creditors. At the same time, dividend payments would stop temporarily, and long-term debt would be restructured. PG&E layer James Lopes said the CPUCs proposal was off by about $4.5 billion. The CPUC said fuller disclosure by the utility would have helped it to submit a realistic proposal.

Montali had expressed skepticism several weeks earlier at the possibility that state regulations concerning utilities and environmental restrictions could be trumped by federal law, a key part of PG&Es own proposed restructuring. The plan would shift generating assets and land to PG&Es corporate parent, PGE Corp.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service