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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

Biomass Fuel Supply Agreement Completed for 100-MW Project in Florida

LCG, January 19, 2011-A biomass fuel supply agreement was finalized for the Gainesville Renewable Energy Center (GREC), a 100-MW power project planned for North Florida under development by American Renewables. Under the agreement, Rayonier, an international forest products company based in Florida, will supply logging residues, forest thinnings and other woody waste materials to the project.

Gainesville Regional Utilities will receive the power generated from the project under a 30-year, power purchase agreement (PPA). The project is scheduled to commence operations in late 2013.

The GREC project is planned for a site adjacent to an existing coal-fired power plant located approximately eight miles northwest of downtown Gainesville. The GREC design incorporates a bubbling fluidized bed (BFB) boiler.

A number of other biomass power projects across the Nation have stalled due to rules issued by the Environmental Protection Agency (EPA) last year. First, the EPA called into question whether or not power plants burning biomass are carbon neutral, placing new risk on biomass power plants for carbon emissions. Second, the EPA's proposed Industrial Boiler MACT rule created additional problems for biomass power producers last year by setting emission limits that will be difficult if not impossible to achieve with existing technology. In response to a wave of opposition to the Industrial Boiler MACT rule, the EPA requested last December additional time to develop the rule from the Federal Court, and a ruling on the extension is expected by the end of this week.
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