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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

CA Supreme Court Takes Over Edison Utility Case

LCG, November 21, 2002-The Supreme Court of California took control of the Southern California Edison utility rate hike case yesterday.

The Utility Reform Network (TURN) challenged a financial plan approved by the California Public Utilities Commission for utility Southern California Edison.

During the later stages of the California energy crisis, utilities like Southern California Edison had financial trouble because they could not handle the high cost of wholesale power. The California PUC then made an agreement with Edison in 2001, allowing temporary rate hikes to persist for two years. Rate hikes will have provided the utility with an addition $3 billion in revenue.

TURN filed suit, alleging that the settlement between the PUC and the utility was forcing utility customers to pay high prices to cover costs that rate hikes were not intended to address.

The case, which was being heard by the 9th U.S. Circuit Court of Appeals, was turned over to the California Supreme Court because the PUC was found to have broken laws under deregulation.

The federal court had found that state open-meeting laws were violated since the settlement between the PUC and Edison was made in private.

Southern California Edison, a subsidiary of Edison International, serves 4.3 million customers in Southern California.

While no date has been set for a ruling, the Supreme Court has made a five-month briefing schedule.

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