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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

Mirant Receives Approval for NY Plant

LCG, March 27, 2002-Mirant Corporations application to build a 750 MW plant was approved by the NY Siting Board.

Planned for the Bowline station along the Hudson river north of New York City, the plant will run on both natural gas and oil. Preexisting units at the station produce 621 MW and have been operating for almost thirty years.

Consolidated Edison Co of New York Inc. and Orange and Rockland Utilities will get electricity from the new plant via underground cables.

Mirant must also receive permission from the New York State Department of Environmental Conservation.
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