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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

Gulfstream Pipeline Extension in Florida to Begin Construction

LCG, July 16, 2004--Construction on the extension of the Gulfstream natural gas pipeline was initiated this week. When completed, the extension will allow the 1.1 Bcf/day pipeline access to new markets, including power plants, such as the planned expansion of Florida Power & Light's Martin Station. The 110-mile extension of mainline will extend from Polk County to Martin County and will also require construction in Hardee, Highlands, and Okeechobee Counties. The expansion is scheduled to be complete in December 2004.

Gulfstream, a joint development between Williams and Duke Energy, was placed into service in May 2002 and is the first new natural gas pipeline into Florida in over 40 years. The pipeline receives gas from Mobile Bay, East Louisiana and Mississippi before crossing more than 400 miles of the Gulf of Mexico.

The Martin Station expansion proposal calls for converting two combustion turbine peaking units, along with two new combustion turbines, into more efficient combined-cycle natural gas generation providing an additional 800 MW.

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