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

Calpine to Buy Remaining Half of Virginia Cogen

LCG, Aug. 2, 2001Calpine Corp. it had agreed to pay Edison Mission Energy $35 million for the 50 percent equity interest it doesn't already own in a 240-megawatt combined-cycle cogeneration facility located in Gordonsville, Va.

Calpine, which acquired an initial fifty percent equity interest in the facility in 1997, said the transaction is expected to close later this summer, at which time Calpine will assume operations of the plant.

"The Gordonsville facility has a strong track record and will complement our rapidly-growingportfolio in the expansive Southeast power market," said Bob Alff, Calpine senior vice president and head of its Eastern Region.

The Gordonsville plant provides electric power and steam to Virginia Electric & Power Co. and the Rapidan Service Authority under long-term contracts that expire in 2024, the company said.

"We are very pleased with the plant's performance to date, and we believe that we can further enhance its value through our direct ownership and operation of the facility," Alff 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