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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

Florida Gives Preliminary Okay to Southern Co. Orlando Plant

LCG, May 4, 2001The Southern Co. said yesterday that the Florida Public Service Commission had given it preliminary approval for a planned 633 megawatt power project in Orlando.

Southern is teaming on the project with the Orlando Public Utilities Commission, operator of the city's municipal utility, the Kissimee Utility Authority and the Florida Municipal Power Agency.

The plant will be built at the Orlando muni's Curtis H. Stanton Energy Center, Southern said, and construction could begin as early as this fall if remaining approvals are received.

The plant still needs approval from the Florida Department of Environmental Protection and the state siting committee, which consists of the governor and his cabinet.

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