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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

Long Island to Install 120 MW Temporary Capacity

LCG, May 29, 2003-Today the Long Island Power Authority announced that it will build temporary generating capacity to cover summer peak demand.

Six simple-cycle turbines will be mounted on trucks at the Holtsville and Shoreham substations. Each turbine has 20.5 megawatts of capacity and will be used to head off rolling blackouts in the case that demand exceeds available capacity.

Available capacity in the area is low for the summer. TransEnergie's 300-megawatt Cross Sound Cable has not been operative because regulations require such units to be buried more deeply. Also, Calpine Corporation's 45-megawatt Stony Brook plant will not be available.

The temporary turbines are likely to cost about $17 million.

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