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

Black Hills Buys Enron Power Plant Near Vegas

LCG, Sept. 7, 2001--Black Hills Energy Ventures, a unit of Black Hills Corp., said yesterday it has purchased from Enron North America a 273 megawatt gas-fired co-generation power plant project located northeast of Las Vegas. Financial details were not disclosed.

The project has 51 megawatts of production currently in operation and another 222 megawatts under construction, with commercial operation scheduled for the summer of next year. Output of both the existing plant and the expansion has been sold under long-term contracts, Black Hills said.

Daniel P. Landguth, Black Hills chief executive, said, "This project achieves several corporate objectives. First, by linking the facility to long-term contracts and fuel provision requirements, we minimize our risk exposure while securing significant recurring revenue and earnings streams. Second, the location is consistent with our desire to have generation assets in Western markets with growth potential. Finally, this power project -- our largest to date -- puts us on target to reach our goal of 1,000 megawatts of independent power capacity by 2003."

Landguth said all of Black Hills' plant acquisitions come with long-term contracts. "We are developing a strong generation portfolio without subjecting our earnings to market volatility," he 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