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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

NRC Renews Operating License for Beaver Valley Power Station in Pennsylvania

LCG, November 6, 2009--The Nuclear Regulatory Commission (NRC) announced yesterday that it approved the renewal for 20 years of the operating licenses for Units 1 and 2 at the Beaver Valley Power Station in Pennsylvania. With the 20-year extension, the nuclear units are licensed to operate until January 29, 2036, and May 27, 2047, respectively. Units 1 and 2 went into operation in 1976 and 1987.

FirstEnergy Nuclear Operating Company, the operator of 1,815-MW Beaver Valley Power Station, submitted the application on August 27, 2007. The NRC performed safety and environmental reviews, of the two, pressurized-water nuclear reactors prior to approving the applications.

The NRC stated that the Beaver Valley licenses represent the 56th and 57th reactor licenses that it has renewed. Furthermore, there are now 13 applications for 20 units that are under review by the NRC.

























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