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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

Chevron to Increase Capacity at Sabine Pass LNG Terminal

LCG, December 2, 2005--Cheniere Energy, Inc. announced yesterday that Chevron Global Gas, a unit of Chevron Corporation, has exercised itsoption to increase capacity to 1 Bcf/day at Cheniere's new Sabine Pass Liquefied Natural Gas (LNG) terminal. The terms of the original agreement, executed in November 2004, provided for 700 MMcf/day of capacity over a 20-year period to begin no later than July 2009.

The Sabine Pass LNG Terminal is being built near Sabine Pass in Cameron Parish, Louisiana. Construction on the LNG facility began in March 2005.

The LNG terminal will receive LNG tankers and vaporize the LNG into natural gas, which will then be transported into the transmission pipeline network serving much of the Central and Eastern United States. The terminal is designed with a sendout capacity of 2.6 Bcf/day in the first phase, which is scheduled to commence operations in 2008.

In July 2005, Cheniere filed with the Federal Energy Regulatory Commission (FERC) a second phase for the project that would increase the sendout capacity of Sabine Pass LNG Terminal to 4 Bcf/day. According to Cheniere, the expansion could open between 2009 and 2010.

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