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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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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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Industry News

EDF Renewables North America Announces 620-MW Palen Solar Site is Fully Operational

LCG, August 19, 2022--EDF Renewables North America (EDFR) announced Wednesday that the 620-MW Palen Solar site is now fully operational and delivering carbon-free energy to the grid. The site, located in Riverside County, California, consists of four solar PV projects, with one project including 200 MWh (50 MW) of battery energy storage. Construction activity at the site commenced in early 2020, with the four projects completed starting in December 2020.

The Senior Vice President, Implementation & Projects Management for EDFR stated, “The Maverick projects are the cornerstone of our large-scale solar and storage growth and expertise. The renewable energy industry has experienced significant volatility over the past years battling both unprecedented pandemic and supply chain constraints. We are excited to now have all four projects operating at full capacity and to contribute to California’s climate goal to reduce greenhouse gas emissions to 40 percent below 1990 levels by 2030.”

The four projects at the Palen Solar site use horizontal single-axis tracking technology. EDF Renewables’ Asset Optimization group will perform operations and maintenance services at the site for the life of the project. The services include NERC compliance support, remote monitoring, and balance-of-plant management to maximize power production.

The projects are located adjacent to each other on unincorporated land administered by the Federal Bureau of Land Management (BLM). The BLM has designated this area as a Solar Energy Zone (SEZ) and Development Focus Area, land set aside for utility-scale renewable energy development.
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