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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

Entergy Announces Close of Agreement to Sell Gas-fired Power Plant in Rhode Island

LCG, December 18, 2015-Entergy Corp. yesterday announced that its wholesale generation division, Entergy Wholesale Commodities, has closed on its sale of the 583-MW Rhode Island State Energy Center to Carlyle Power Partners. The agreement was announced in October 2015.

The base sales price for the Rhode Island State Energy Center (RISEC), excluding adjustments, is approximately $490 million. Entergy purchased the plant from NextEra Energy Resources, LLC for $346 million in December 2011.

RISEC is a natural gas-fired, combined-cycle electric generating facility located about five miles from Providence, Rhode Island. The facility entered commercial service in 2002.

Entergy's Chairman and CEO stated, "RISEC has been a good investment for us, and its sale is consistent with our strategy for Entergy Wholesale Commodities - to be disciplined about reducing risk and freeing up financial resources for other opportunities."
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