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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

Cinergy Plans Voluntary Emissions Reductions

LCG, Sept. 10, 2003--Cinergy Corp., which is one of four electric utilities selected by the Bush administration to participate in discussions of voluntary emissions reductions, has said that it has set a goal of 5% reductions in its carbon dioxide and other "greenhouse gas" releases by 2012 at the latest.

The company, which owns a significant number of coal-fired electric generation assets, is being advised by the non-profit Environmental Defense, and has earmarked roughly $21 million to determine how it will achieve the reductions. Cinergy's existing power plants would likely be upgraded for greater efficiency, while demand reduction programs based on incentives could also play a role. Further reductions could come from offset programs, which would absorb carbon dioxide through tree plantings or agriculture.

According to officials at the Environmental Protection Agency, 35 participants in its voluntary reduction programs are studying possible implementation of yet-to-be-announced reduction programs, while 11 have outlined their own targets. Dupont, which is recognized as having achieved the most significant reductions (greenhouse gas output is down 68% for global operations, and 40% domestically relative to 1990 levels) is holding its energy consumption at 1990 levels, saving $2 billion in the process.
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