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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

Poland to Privatize Energy

LCG, May 20, 2002-G8 northern distributor group and Warsaw power distributor STOEN will go up for sale to foreign investors.

Some parties in the Polish Ministry of Economics oppose the sale, saying that the companies' assets should be sold off separately to prevent regional monopolization. Investor concerns have prevailed over other objections; international institutions have criticized the government for being slow to privatize its energy sector and worry that Prime Minister Leszek Miller prefers state control.

Treasury Minister Wieslaw Kaczmarek announced last week that the state would reclaim almost insolvent Szczecin, a major shipbuilding company, in the interest of 6,000 jobs and for symbolic value. International analysts worried that this move is an indication of a more widespread government sentiment opposing privatization.

Some investors seeking to purchase the G8 group include local ElDystrybucja and Germany's E.ON.

Electricite de France, Belgium's Electrabel, and Germany's RWE have been picked by the treasury to bid on STOEN.

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