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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

Three Dead in Blast at Enron Plant in England

LCG, Aug. 9, 2001--Two men died yesterday, a third this morning and another was seriously injured as the result of an explosion and fire that ripped through the transformer section of a power station owned by Enron Corp. of the U.S. near Middlesbrough in Teesside, England.

Two workers were killed outright and two others were taken to Middlesbrough general hospital with burns, where one of them died this morning. The other patient is stable with moderate burns. Hundreds of staff were on site at the time of the blast and they were all evacuated.

Following the tragedy, Enron Teesside Operations said in a statement "We can confirm there was an explosion and subsequent fire at Teesside power station at around 2:40 p.m. Emergency services were called and it is now under control and there is no danger off site. The area surrounding the power station has been evacuated. The company has set up an incident room and we are liaising with emergency services."

Later, as the accident hit home, an Enron spokeswoman said "This tragic incident has shocked and saddened everyone within the company and steps are being taken to support friends and colleagues at the plant and associated sites across Teesside."

Authorities said there was no risk to outsiders from the explosion. Police Inspector Sue Coates said the cause of the blast was not yet known. Damage was confined to a small area of the site where the four employees were working at the time.

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