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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

California Public Utilities Commission Extends Self-Generation Incentive

LCG, March 5, 2002-The one-megawatt limit previously assigned to those receiving Self Generation Incentive money from California has been expanded.

Petitioned by Kawasaki regarding its Gas Turbine, the California Public Utilities Commission broadened the size requirements for its Self Generation Incentive program, which doles out $125 million per year to commercial and industrial electricity users.

The Self Generation Incentive Program, effective March of last year, funds customers of PG&E, California Edison, San Diego Gas & Electric, and Southern California Gas Co. in order that they may install wind turbines, fuel cells, internal combustion engines, and other devices, in addition to funding the use of renewable fuel. Previously limited to customers with 1.0-megawatt projects, the program now includes those who use up to 1.5 megawatts.

While maximum size of eligible parties has been increased to 1.5 megawatts, the project incentive will still be scaled according to the first megawatt. Additionally, unused Self Generation Incentive annual funds will now carry over into the following year, and the Corporate Parent Cap Size has expanded to 1.5 megawatts per single project.

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