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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

Duke Energy North America Plans Three Merchant Plants

LCG, Jan. 14, 2002--Duke Energy North America has signed contracts with Duke/Fluor Daniel to design and construct three merchant generating plants worth a total of 2,420 megawatts of new capacity.

Jeff Faulk, president and chief executive officer of Duke/Fluor Daniel noted, "This brings our portfolio of active EPC projects to more than 16,000 megawatts of fossil-fueled power generation." The plants will be located in three disparate areas within the western states. The Luna Energy Facility will be located in Luna County N.M., and will have a nameplate capacity of 600 megawatts. In Grays Harbor County, Wash., the 620-megawatt Grays Harbor Energy Facility is planned. Moapa County, Nev., will be home to the 1,200-megawatt Moapa Energy Facility.

Each of the power plants will be a combined-cycle facility, fired by natural gas. Commercial operation of the plants, which will utilize eight General Electric-7FA combustion turbines, is expected starting in the summer of 2003.

Jim Donnell, president and chief executive officer of DENA commented that with Duke/Fluor Daniel's record, he believed that "these facilities will be providing competitively priced power to the western United States when demand peaks in the summer."

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