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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

Absentee Ballots Scotch Frisco Municipal Utility

LCG, Nov. 12, 2001--With 8,418 absentee ballots counted and very few uncounted votes left, backers of two measures in last Tuesday's election that would have created a municipal utility in San Francisco were conceding defeat on Saturday.

Political activists in San Francisco never take "no" for an answer and said they may demand a recount or fight the outcome in court. "We are looking at the various options," said Peter Bagatelos, a lawyer for the public power measures.

One of the measures, which had led 51 percent to 49 percent after votes from all San Francisco precincts had been added up, trailed by 1,114 votes after the absentee ballots had been counted. The other initiative, which would have included the neighboring small town of Brisbane, had trailed earlier by a 51 percent to 49 percent vote and now is a hopeless 5,092 votes behind.

Ross Mirkarimi, who managed a joint campaign for the two measures, said questions abound about how absentee ballots were handled by elections workers. "We don't know if it's incompetence or malfeasance," he said. "We believe this election is chock-full of irregularities."

Tammy Haygood, San Francisco's elections director, said "The election was done in a superb manner."

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