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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

New Mexico Has New Gas Turbine Plant

LCG, Aug. 29, 2002--A new gas-fueled generator is undergoing testing in La Mesa, N.M., in preparation for operations at the end of the year.

The Afton plant, with a capacity of 135 megawatts, was built by Public service Company of New Mexico (PNM), at a cost of $75 million. While the plant now consists of one gas turbine, there are plans to bring capacity up at an unspecified date by an additional 75 megawatts in a combined-cycle configuration, which will also improve the plant's efficiency.

The construction at Afton, twelve miles south from Las Cruces, was performed by TIC and Bibb Engineering, as Afton Power Partners. PNM spokesman Bill Real stated, "It (the plant) is also part of our promise to invest in New Mexico in order to improve the reliability of the regional power supply." A switching station at the plant site will provide access to the transmission network in the state and the West generally.
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