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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

Alberta Minister Seizes on Russian Stance on Kyoto

LCG, Sept. 30, 2003--The Alberta Environment Minister Lorne Taylor found some accord with remarks made by Russian President Vladimir Putin that indicated some doubt as to whether the Russian government should ratify the Kyoto accord on climate policy.

Russia represents 17 per cent of the emissions represented by possible signatories of Kyoto, while voting equivalent to 55 per cent of the emissions represented is required for the treaty to go into effect. This gives Russia the ability to derail the climate accord if it fails to ratify it. Taylor expressed the opposition of some Alberta industry representatives and government officials to what they see as economic fallout from Kyoto, given that Alberta depends heavily on energy resource extraction. According to Taylor, who spoke to the Edmonton Journal from the five-day World Cimate Change conference, Putin "very clearly said exactly what Alberta's been saying, we'd better understand the mechanisms and the effects on the economy before we rush forward with ratification."

Taylor will discuss possible ways to reduce emissions without Kyoto when he meets with governors in energy-rich areas of Russia. Environmentalists, as well as Canadian Environment Minister David Anderson, voiced some confidence that Russia will vote to ratify the treaty, and attributed Putin's remarks that warmer temperatures "would not be scary, maybe it would be good," to political posturing before upcoming parliamentary elections. Putin said, "A decision will be taken when this work is finished."
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