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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

Uncertainty Delays California Plant

LCG, March 19, 2002-Midway Sunset Cogeneration Company has suspended its plan to expand its Midway-Sunset plant near McKittrick in Central California.

The new construction would have yielded 500 MW, but the company was hesitant to start the large Kern county project, citing uncertainty in California's wholesale electricity market.

The county has four plant projects that have not been delayed, but Assembly member Roy Ashbum (R ) said that only two of the five planned plants in the region will become viable sources of power in the near future.

One of the plants, a ChevronTexaco project, is operating already, produces 320 MW, and after a second phase of development will be fully on-line by July 2003.

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