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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

830 MW Texas Combined-Cycle in Operation

LCG, June 5, 2002--Calpine Corporation, based in San Jose, California, announced that its 830 MW Baytown Energy Center has entered into combined-cycle operations.

The Texas facility, located in Baytown, generates 700 MW under base load and can provide 130 MW additional capacity when demand increases.

The company says its plant results in 96 percent less nitrogen oxide emission, 99 percent less sulfur dioxide emission, and half as much carbon dioxide emission than the Texas average for power plants.

Calpine has a twenty-year contract with chemical company Bayer to provide electricity and steam from the Baytown plant.

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