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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

New Combined-Cycle Commissioned in Iowa

LCG, May 19, 2004--A 565-megawatt combined-cycle facility has been commissioned by Alliant Energy Corp.'s utility subsidiary Interstate Power and Light Company (IPL) near Mason City, Iowa.

The recently completed Emery Generating Station will be available mostly during peak periods and for times when other plants experience unforeseen outages, and is seen enhancing reliability in IPL's service territory. Prior to Emergy, the most recently built IPL plant was Ottumwa, which began operating in 1981.

In December 2003, IPL also disclosed plans to install 130 megawatts of wind-power generation, 15 megawatts from anaerobic digesters, and 290 megawatts of gas-fired capacity separate from Emery.
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