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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

Maryland’s Cove Point to Receive Liquified Natural Gas Deliveries

LCG, September 9, 2003Tractabel LNG North Americahas agreed to deliver 36 million MMBtu, or about 34billion cubic feet, of liquefied natural gas per yearto Statoil Natural Gas LLC at the Cove Point facilityin Maryland.

Cove Point was reactivated this August as thethird open access liquefied natural gas (LNG)terminal in the United States. Cove Point will beginreceiving LNG October 1, 2003, and most supply isexpected to come from Trinidad.

Statoil Natural Gas LLC will receive 40 percent ofits capacity rights by this arrangement, and TractabelLNG will supply the company for 3 years.

Tractabel LNG North America, based in Houston, isa subsidiary of Brussels-based Tractabel Electricityand Gas International.
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