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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

Local Opposition to Cape Wind Project Persists

LCG, June 19, 2009--Cape Wind Associates must respond to continued local opposition to its wind farm planned for installation in Nantucket Sound, about five miles off the shore of Massachusetts. The project developer, Cape Wind, has pursued government approval since 2001.

The Cape Cod Commission (CCC), a local land-use planning and regulatory agency, together with the city of Barnstable and the Alliance to Protect Nantucket Sound, appealed the Massachusetts Energy Facilities Siting Board?s approval of the Cape Wind offshore energy project. The Massachusetts Supreme Judicial Court will hear the appeal.

On May 28, the Massachusetts Energy Facilities Siting Board completed a Certificate of Environmental Impact and Public Interest granting all of the state and local permits necessary for the Cape Wind Associates wind energy project to proceed to construction. The Siting Board voted 7-0 to grant the Certificate, with minor modifications.

The Cape Wind Energy Project has a design generating capacity of 468 MW and includes 130 wind turbines that would - at the highest blade tip - extend 440 feet above the surface of the water. Concerns of opponents to the project include the visibility of the wind farm and related impacts on tourism.
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