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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

Senators Wary of Standard Market Design

LCG, Feb. 12, 2002--Senator Pete Domenici, R-N.M., told attendees of a press conference today that the Federal Energy Regulatory Commission will need to build support among Senators, particularly those representing Western and Southeastern states, for the agency's proposed "standard market design" rules.

Domenici noted that FERC Chairman Pat Wood III will attempt to address Senators' concerns about the possibility of regional power prices rising in markets where prices have lately been relatively low. Wood plans to deliver a report in April which is to respond to concerns which have come from local regulators, who may find their oversight abilities reduced. The transition to standard market design, which would redistribute authority over wholesale power markets nationwide, may be conducted on a region by region basis rather than all at once.

Depending upon members' willingness to endorse changes in market operations, Domenici said Congress could prevent regulatory changes through appropriations bills and other means. "Essentially the issue is nobody knows enough about it," he stated, at the event sponsored by the U.S. Energy Association and Energy Daily.

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