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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

Algonquin Power & Utilities Corp. Announces Joint Venture Agreement with RES Americas for Michigan Wind Project

LCG, October 20, 2015-Algonquin Power & Utilities Corp. yesterday announced a joint agreement with Renewable Energy Systems Americas Inc. (RES Americas) to develop the 150-MW Deerfield Wind Energy Project in central Michigan. The project, which is currently under construction, is scheduled to commence commercial operation at the end of 2016.

The Deerfield Wind Energy Project is located on the Thumb of the Lower Peninsula of Michigan, and the site includes approximately 20,000 acres of leased land. The project will use 44 Vestas V110-2.0 wind turbines and 28 Vestas V110-2.2 turbines. The annual generation is projected to be 555.2 GWH. The estimated total project cost is approximately $303 million.

The power generated by the Deerfield Wind Energy Project will be purchased by Wolverine Power Supply Cooperative, Inc., a local electric distribution utility, under a 20-year power purchase agreement (PPA).
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