EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Southern Outlines Plans for Mirant Spin-off

LCG, Feb. 20, 2001The Southern Co. board of directors yesterday approved the spin-off of subsidiary Mirant Corp., which was formerly called Southern Energy. The unit is Southern's "global independent power producer."

Last September, close to 20 percent of Mirant was sold in an initial public offering and the balance will be spun off to Southern shareholders. Depending on approval from the Internal Revenue Service, the distribution will be made on April 2.

A. W. Dahlberg, Southern's chairman and chief executive, said "With the planned spin-off, we're delivering that value to our shareholders. We're also creating two great companies from one. I believe each has an outstanding future."

Each Southern Co. shareholder will get about 0.4 shares of Mirant for each Southern share they own. Cash will be paid in lieu of fractional shares and will be taxable, the company said.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service