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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

Wisconsin Plant Planned at Lake Michigan Site

LCG, May 2, 2002--We Power LLC, a subsidiary of Wisconsin Energy Corp., has contracted with Washington Group International for the construction of a 500-megawatt, combined-cycle power plant at an existing site on Lake Michigan.

Engineering work will commence while applications are made with Public Service Commission of Wisconsin. The configuration of the plant, at Port Washington, will include two combustion turbines, two heat recovery steam generators, and a steam turbine. There is an existing Port Washington power plant at the site, and We Power has plans to build a second combined-cycle plant there at at an unspecified date.

We Power was started one year ago as the unregulated power development unit of Wisconsin Energy, and presently has an overall goal of building 2,800 megawatts of new generation capacity throughout Wisconsin within the decade.
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