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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

Nevada Solar One Project Delivers Power to Grid

LCG, June 8, 2007--Acciona Solar Power announced yesterday that its Nevada Solar One project has commenced operations and is delivering power to the grid. All of the power from the 64-MW plant will be purchased by Nevada Power Company and Sierra Pacific Power Company under long-term power purchase agreements (PPAs).

In contrast to a photovoltaic energy conversion process that creates electricity via a chemical reaction between sunlight and a thin film, the Nevada Solar One project uses large-scale, parabolic trough technology to focus the energy from the sun to heat liquid, typically oil, which in turn is used to heat water to create steam. The steam powers a traditional turbine to generate power. The facility is now one of the largest solar power plants in the world.

Mirrors for the facility cover 400 acres in the Eldorado Valley. The project was constructed over a 16-month period and cost over $250 million. Commercial operations are scheduled to commence within a week.
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