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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

Afghanis Get Power Assistance from Turkmenistan

LCG, March 18, 2002-Several energy projects were approved earlier this month with the intent of restructuring Afghanistan's power infrastructure.

In Asgabat, Turkmenistans president Saparmyat Turkembasy and Afghan head administrator Hamed Karzai met and signed documents to collaborate on energy-related development. Turkmenistan is apparently ready and willing to assist Afghanistan in improving its energy supply.

Afghanistan already buys electricity from neighboring Turkmenistan to power northern Afghanistan, but transmitted power is not sufficient for Afghanistan's planned reconstruction.

Turkmenistan will assist the expansion and modernization of power distribution in Afghanistan, including building a $1.5 million 50 MW line from southern Turkmenistan into Afghanistan to Mazar-e Sharif. Several other projects were agreed upon to build lines to Kabul and Kandahar. Total expenses were projected to be about $500 million.

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