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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

Impact of Wisconsin Plant Under Construction Must be Re-evaluated

LCG, Feb. 23, 2004--The Public Service Commission of Wisconsin is being required to consider for the second time the possible environmental impact of the Port Washington power plant, a project of Wisconsin Energy on which construction has begun.

The rare situation occurred despite the fact that many environmental groups have not considered Port Washington, with a planned capacity of 1,090 megawatts, a priority. Dane County Circuit Judge Moria Krueger ruled this month in favor of the re-evaluation, based on opposition by Bob Owen, an energy lawyer who does research into suitable locations for wind turbines for clients such as FPL Energy. The gas-fired Port Washington project would replace coal plants.

Owen told the Milwaukee Journal Sentinel that the Public Service Commission has ignored studies for the state from over five years ago that addressed possible effects of global warming. Although he was virtually alone in his dissension, Owen's prior experience in litigation (he opposed a transmission project, and a nuclear plant in the 1970's) contributed to the favorable (at least for him) ruling. According to Wisconsin law, preference must be accorded to less environmentally damaging forms of power generation in the review of new projects.
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