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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

Progress Energy Declares New Facilities Operational

LCG, June 2, 2003--Sunday marked the official start of operations for two new power plants constructed by Progress Energy, and located in Georgia and North Carolina.

The Rowan County Energy Complex, in Rowan County, NC, is a combined-cycle plant rated at 925 megawatts. Its three simple-cycle turbines, which account for 459 megawatts, began producing power one year ago. The Washington County Energy Complex consists of four combustion turbines of 150 megawatts each. It and the Rowan plant run on natural gas.

"We are very pleased with the support we have received from the people of Sandersville and Salisbury throughout construction. We are proud to be part of both of these communities, and to be adding efficient energy resources for these two regions," said Joel Kamya, a vice president for Progress Energy's Plant Construction unit. Progress Energy owns 23,000 megawatts of power production capability, and owns electric power utilities in the Carolinas and Florida. It also is engaged in unregulated power sales and marketing, as well as natural gas drilling.
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