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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

Xcel Plans to Add 100 MW of Wind Power in Minnesota

LCG, June 27, 2007--Xcel Energy yesterday requested permission from Minnesota regulators for permission to construct a 100-MW wind project near Austin, Minnesota. The proposed Grand Meadow Wind Farm is scheduled to be operational by the end of next year.

Xcel Energy contracted with enXco Development Corp., which is developing the site and has already filed a separate site permit for the wind farm. The site could provide for up to 200 MW of wind generating capacity.

The Grand Meadow Wind Farm would be owned by Xcel Energy and would include 67, 1.5-MW wind turbines on approximately 40 square miles.

Minnesota Governor Pawlenty in February signed legislation that requires electric utilities, including municipal power entities, to use renewable energy to supply 25% of retail electric sales to customers in Minnesota by the year 2025. The new law includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The largest electric utility, Xcel Energy Inc., has a higher goal of 30% by 2020.

Renewable supply resources include wind, hydroelectric, solar, biomass and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.

The new law includes provisions to develop a renewable energy credit trading system that would allow utilities to trade in order to achieve renewable goals. Financial penalties may be assessed if goals are not met.














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