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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

EU Wants Czech Temelin Nuke Closed

LCG, Sept. 6, 2001--The European Parliament yesterday called for an international conference to consider permanent closure of the Czech Republic's Temelin nuclear power plant and to figure out how much money it would take to buy the Czechs off.

The Parliament endorsed Austrian and German views that the Temelin plant, a Soviet design similar to that of Chernobyl, was unsafe. Temelin is located just 25 miles from the Austrian border, which has been periodically closed by demonstrators protesting the plant.

The European Commission would call the conference and would decide on any compensation, a move that has precedent in the EU contribution of 200 million euros ($182 million U.S.) to Latvia for closure of a Soviet-designed plant in that country.

Temelin, which has been under construction since 1987, was started for the first time last year, but has had numerous shutdowns because of problems with its turbine generator.

During the late 1990s, Temelin's reactor controls and safety systems were upgraded to meet Western standards, chiefly by U.S. Westinghouse Electric Co.

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