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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

Energy East Files for RTO

LCG, March 14, 2002-Yesterday the Energy East Corporation called on the Federal Energy Regulatory Commission (FERC) to create a Regional Transmission Organization (RTO) responsible for areas served by PJM Interconnection, LLC, ISO-New England, and the New York Independent System Operator (NYISO).

Subsidiaries of Energy East came together to encourage FERC to follow through with the July 2001 order to create an RTO that would regulate the three ISO's. The companies insist that the new RTO would allow for a more reliable and competitive market. Senior Vice President of Energy East Denis Wickham insisted, "A three-region RTO is a tremendous opportunity to provide consumers benefitsWith FERC's leadership, interested parties need to focus on the benefits of a larger RTO and the transitional tools needed to eliminate the concerns about short-term winners and losers. We are convinced that consumers in the Northeast will ultimately benefit from lower costs, enhanced competition and increased reliability with a PJM-New York-New England RTO."

Energy East wants to avoid the formation of a smaller New York, New Jersey RTO, saying that a smaller RTO might be risky and could not provide the same benefit to customers as the proposed Northeast RTO.

The creation of an RTO in the Northeast would shift control from individual states to the federal government.

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