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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 Materials May Make Capacity Upgrades of Lines Easier

LCG, Mar. 4, 2004--Composite materials are being tested in newly designed power lines that have the advantages of not sagging like traditional lines, and of allowing a greater amount of power to flow without adding significant bulk.

Companies developing the lines use substitutes for the steel that makes up the central core of traditional power cables, around which aluminum stands used to transmit electricity are wrapped. Because the composite materials, which use carbon fiber, glass and epoxy, provide the same strength as steel cores with larger diameters, they make it possible to wrap more aluminum around lines' cores. At the same time, they conduct less than steel, and sag up to 90% less, their makers say. This latter feature could be useful in preventing blackouts due to lines that heat up, and come to rest on trees or the ground.

The largest-scale test yet underway is planned by a local utility in Kingman, Kan., which has agreed to pay for a test of a 21-mile-long line, according to the New York Times. Other tests are underway in North Dakota and Minnesota, where another company will see how well its line performs in the local weather conditions. The Department of Energy is contributing financial assistance to a test near Fargo, N.D., scheduled for the winter. If the tests are considered successful, more widespread adoption will depend on the willingness of utilities to replace older lines, which can operate for more than 50 years without becoming seriously degraded.
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