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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

Sempra Gets Approval to Build First LNG Plant in 25 Years

LCG, September 11, 2003The Federal Energy Regulatory Commission gave Sempra Energy unanimous approval to begin constructing a $700 million liquefied natural gas (LNG) plant in Louisiana.

The Hackberry plant will be the first LNG plant constructed in the United States in 25 years. LNG is becoming an increasingly viable option as natural gas prices are on the rise and supply is short.

The plant will cost $700 million, and Sempra expects to start construction by the end of March 2004. If all goes according to plan, the LNG plant will begin operations in 2007 and convert 1.5 billion cubic feet of LNG per day to gas.

Sempra is also trying to build a LNG plant in Ensenada, Mexico.

Sempra must still receive permission from the Army Corps of Engineers and the Louisiana Department of Environmental Quality before beginning construction.

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