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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

European Power Outage Affects Nearly 4 Million

LCG, Sept. 26, 2003--Early Tuesday evening, southern Sweden and eastern Denmark experienced a blackout that was apparently caused by a failure on a transmission line, and which lasted several hours.

Denmark's capital city of Copenhagen as well as an industrialized area of Sweden were affected by the outage, which was estimated to have affected almost four million people across the two countries. The line that failed crosses the border between Sweden and Denmark.

The economic impact of the blackout was thought to be "very modest", according to an economist with Dankse Bank, Jesper Hansen, who was quoted in Dow Jones Newswires. While some pharmaceutical factories and other industrial facilities were forced to shut down, and nearly all businesses in Copenhagen closed, financial markets remained open, thanks to backup generators. Traffic congestion resulted on roadways, and airlines and rail traffic were temporarily disrupted until power was restored, first in Sweden and next in the islands of Denmark that had been impacted.
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