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

Attorney General Files Lawsuit Charging California Companies

LCG, March 12, 2002-Yesterday Attorney General Bill Lockyer went through with his plan to file civil suit against California energy companies. Lockyer accused four companies of swindling Californians by selling them emergency energy that was never provided. "They sold emergency generating capacity to the California Independent System Operator (ISO), which is responsible for maintaining the western power grid, then turned around and sold the same power capacity into the lucrative spot market for wholesale electricity." Lockyer said these companies sold the same power twice at least 20,000 times.

Dynergy Inc., Reliant Energy Inc, Mirant Corp., and Williams Energy Marketing and Trading Company were sued for over $150 million, not much in comparison with the alleged $28 billion worth of overcharges in the spot and longterm markets. However Lockyer says they are only the first and that the whole market will come under scrutiny.

This lawsuit is especially unusual because it was filed in state court instead of federal court or before the Federal Energy Regulatory Commission. Lockyer said he chose to file civil instead of criminal charges because the state might then be able to retrieve lost money.

Spokesmen from Dynergy, Mirant and Williams asserted that they had always behaved responsibly and that as yet no proof has been disclosed.

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