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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

Long Island Plant's Capacity Boosted

LCG, July 1, 2002--The Long Island-based Bethpage power plant owned by Calpine is able to produce 48 additional megawatts after an upgrade, bringing its overall capacity to over 100 megawatts.

The new capacity is under contract to the Long Island Power Authority (LIPA) for three-and-a-half years, according to Calpine. Bethpage is located in west-central Long Island, and provides electricity and steam to an adjacent Northrup Grumman Corporation facility. Before the addition of capacity, only surplus electricity not used by Grumman had been sold under agreement to LIPA.
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