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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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NRC Completes Safety Review of Construction Permit Application for TerraPower's Kemmerer Power Station in Wyoming

LCG, December 1, 2025--The Nuclear Regulatory Commission (NRC) announced today that the NRC staff completed its final safety evaluation for the application submitted by TerraPower, on behalf of its subsidiary US SFR Owner, to construct the Kemmerer Power Station Unit 1 in Kemmerer, Wyoming. Unit 1 will be the first nuclear project of its kind using the Natrium advanced reactor design. The evaluation concludes there are no safety aspects that would preclude issuing the construction permit.

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Industry News

Ex-Enron Employee Pleads Guilty to Fraud

LCG, August 21, 2002-Former Enron corporate executive Michael Kopper pled guilty to conspiracy to commit wire fraud and money laundering today.

Kopper's guilty plea was entered in Federal District Court in Houston, Texas, before Judge Ewing Werlein Jr. He has agreed to cooperate with federal investigators and also to pay back $12 million in illicitly acquired assets.

Kopper was involved with off-the-books partnerships, often helping Enron chief financial officer Andrew S. Fastow, with whom he had a close and financially complicated relationship. Fastow's dealing are a central focus of multiple investigations.

Chewco, an Enron partnership formed in 1997, was one of the Enron projects where financial statements deviated from the actual accounts. Three percent of the partnership's capital was to be from independent investors, and Kopper, along with others, worked to cover up the fact that the three percent had not been met. Enron bought out the partnership in 2001. Kopper and his domestic partner William Dodson reaped over $12 million from the sale, after an initial investment of $125,000.

Although Kopper is not the spotlight of the ongoing federal investigation of Enron, he is valued by investigators as a possible witness and has been released on a $5 million bond.

The Securities and Exchange Commission may file a civil fraud complaint against Kopper as well.

Kopper resigned from Enron in June of 2001. Enron filed for bankruptcy protection in December 2001.

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