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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

Indiana Local Government Sues over Closing of Utility Hub

LCG, March 13, 2002-Michigan City and LaPorte County have filed suit against Northern Indiana Public Service Co. (NIPSCO), which plans to close five service hubs relevant to the area.

These local governments say that closing the hubs will harm their northern Indiana communities, "Affordable, reliable service for NIPSCO consumers, businesses and industries has taken a back seat to the pursuit of multi-million pay packages for the top executives of that company," said LaPorte County Commission President Marlow Harmon.

NIPSCO announced the closures in January and will begin closing hubs this month, insisting that they will not effect service. Maintenance hubs in Plymouth, LaPorte, Hammond, LaGrange, and Crown Point will be terminated and over 50 employees will be laid off.

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