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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

Dynegy Warns on Possible Bankruptcy

LCG, Aug. 15, 2002--Dynegy Inc. said in quarterly filings with the Securities and Exchange Commission yesterday that its ability to avoid bankruptcy will depend on its success in raising $2 billion through key asset sales.

The company also disclosed that the SEC believed that the company's financial reporting relating to a gas-trading transaction, Project Alpha, and energy trades with CMS Energy, were in violation of antifraud and federal securities laws. The filing also noted that the U.S. Attorney's office in Houston is looking into the company's investment with Black Thunder Investors in Caitlin Associates. Black Thunder contributed $850 million to Dynegy's $100 million, with Caitlin having "indirect economic interests" in Dynegy's Midwestern power generation assets.

In a statement regarding a pending $928 million pipeline sale, the company said that if it "is unable to complete the Northern Natural sale in the near term or other elements of its strategy prior to the second quarter 2003, it may be forced to consider other strategic alternatives or a possible reorganization under the protection of bankruptcy laws." Dynegy did not meet a deadline yesterday to certify its second-quarter financial results as ordered by the SEC. It expects to do so following the re-audit of the past three years' results by auditor PriceWaterhouseCoopers, by the end of 2002.
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