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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

New Mexico Says It is Bypassed in Nuclear Waste Discussions

LCG, Feb. 17, 2004--Officials at the Department of Energy (DOE) have apparently contacted high-level officials of states where nuclear waste from aging weapons factories is located, but according to New Mexico authorities, have not opened communication with them, although the department had discussed shipping waste into the state prior to the opening of a facility at Nevada's Yucca Mountain.

A spokesman for the DOE, Joe Davis, confirmed discussions have taken place in an interview with the Albuquerque Journal. A federal judge cited current law last summer in ruling that "high-level waste" in Washington state, Idaho and South Carolina could not be shipped to the Waste Isolation Pilot Plant for nuclear waste, near Carlsbad. New Mexico Environment Secretary Ron Curry believes that the DOE is excluding New Mexico from current talks in order to "divide and conquer". Curry thinks the agency hopes to change the law by working through the governors of the states with the waste.

The DOE's Davis said that the agency does plan on another attempt this year at mounting a legislative strategy to revise the law. New Mexico is in the middle of changing the Waste Isolation Pilot Plant's permit, in order to exclude the nuclear "sludge".
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