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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

TVA Wind Park Under 20-Year Agreement

LCG, Jan. 14, 2002--The Buffalo Mountain wind park, now consisting of three 660-kilowatt turbines near Oliver Springs, Tenn., will expand to a potential capacity of 29 megawatts, the Tennessee Valley Authority has announced.

The output of the facility will be sold under a 20-year power purchase agreement with Invenergy, a Chicago-based firm.

"TVA built the first commercial wind-powered turbines in the southeastern United States, helping launch a successful partnership with local power distributors to give the people of the Tennessee Valley the choice to buy electricity generated from renewable energy sources," said Glenn McCullough, Jr., the TVA's chairman.

TVA has initiated a Green Power Switch® program, which offers the agency's customers the opportunity to purchase power from wind, solar and methane gas sources.
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