EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Virginia SCC Gives Approval for Dominion Virginia Power to Join PJM

LCG, November 11, 2004--The Virginia State Corporation Commission (SCC) yesterday authorized Dominion Virginia Power (DVP) to transfer control of its transmission assets to the PJM Interconnection (PJM). Although PJM will control the transmission system, DVP will retain ownership.

The Virginia Restructuring Act requires Virginia electric utilities to accomplish such transfers by January 1, 2005. As with the SCC's August 31, 2004 authorization to transfer AEP's Virginia assets to PJM, the SCC staff noted that PJM is the only RTO option available to meet the requirements of the Restructuring Act. The SCC staff also noted that the cost/benefit studies do not establish a significant economic detriment.

PJM has significantly expanded its operations this year. Last May, PJM integrated over 5,000 miles of transmission lines transferred by Commonwealth Edison (ComEd), becoming the world's largest grid operator. On October 1, PJM began managing the transmission lines of AEP and Dayton Power and Light Company. PJM now operates an integrated grid spanning twelve states.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service