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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

Gas Storage Facility Construction Announced

LCG, Apr. 22, 2004--A planned natural gas storage facility to be in a salt cavern will proceed towards construction, according to SGR Holdings, LLC's subsidiary SG Resources Mississippi, LLC (SGRM), following FERC and Fish and Wildlife Service approvals.

The facility, intended for Greene County, Mississippi, will provide firm and secondary firm storage at market rates. and have interconnects with Destin Pipeline Company, LLC, and Florida Gas Transmission Company (FGT) installations, among others. Mark Cook, a principal of SGRM, said "The Southern Pines Energy Center is ideally located to serve as a supply and storage market hub for seven major pipelines serving Florida and the southeastern and Mid-Atlantic United States." Cook commented the Center could enhance the infrastructure available to serve Florida, the Southeast and Mid-Atlantic.

SGR plans to be operating the storage site by late 2005, and complete the 12 billion cubic feet of capacity by 2006. It would permit withdrawals of as much as 1.2 Bcf each day, and injections of up to .6 billion cubic feet per day.
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