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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

Debate on Vietnamese Dam Pushed Back

LCG, Mar. 29, 2002--A vote on a large dam project in Vietnam has been delayed by the national assembly until the second session late this year, government media reported.

Plans had previously been submitted by the government, and were allegedly found to require further work, according to the Tuoi Tre (Youth) newspaper. The dam, the size of which has been revised downward, would require displacement of up to 100,000 people and cost up to $4 billion. The region selected, in the northwestern Son La province, is earthquake-prone.

The assembly has historically been cooperative with the Communist Party leadership, but has expressed a more unilateral stance recently. The need for expanded electric power supplies is seen in annual growth in demand of 14 percent in the last few years. Annual growth is projected to be above 10 percent for the next twenty years.
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