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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

Southeast Chicago Plant Dedicated

LCG, Oct. 18, 2002--A new 350-megawatt peaking plant, the Southeast Chicago Energy Project, is beginning operatons, with a dedication cermony being held today.

The plant, owned by Exelon Corporation and Peoples Energy Corporation consists of eight gas turbines, equipped with dry, low-nitrogen oxide burner controls. The controls will reduce emissions at the plant. The chairman, president and CEO of Peoples Energy, Thomas M. Patrick, said "We are committed to providing Chicago and the region with a clean-burning natural gas-fired electricity. Partnering with Exelon to develop this project helps us deliver on that promise while continuing to provide value to the Midwest energy marketplace."
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