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News
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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, 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
Neptune LNG Project Receives Permits
LCG, August 10, 2007--SUEZ LNG NA LLC announced yesterday that it has received all necessary permits from the Commonwealth of Massachusetts to begin construction of the buoy system and pipeline connection for the Neptune Deepwater Port facility, which will be located approximately ten miles south of the city of Gloucester and 22 miles northeast of Boston. The LNG project design incorporates an offshore delivery where liquefied natural gas (LNG) tanker ships would moor. The specially designed ships would vaporize the LNG into natural gas that would be delivered into the existing HubLine sub-sea pipeline for delivery to customers in New England.
The Massachusetts Department of Environmental Protection (DEP) this week granted the Chapter 91 License for the Neptune Terminal. Earlier this month, the facility received its Water Quality Certification from DEP and its Coastal Zone Management Consistency Certification from the Massachusetts Coastal Zone Management Office. The project, which has a nominal capacity of 400 MMcf/day, is scheduled to commence receiving LNG in 2009.
SUEZ LNG NA LLC also announced that it has executed three key construction-related contracts exceeding $10 million, and portions of the work has already started. The company further stated that engineering and construction of the specially designed Shuttle and Regasification Vessels (SRVs) that will serve the Neptune Terminal are currently on schedule at the Samsung Heavy Industries Shipyard in South Korea.
The offshore LNG receiving terminal was announced in February 2005. In October 2005, SUEZ LNG NA LLC's subsidiary, Neptune LNG LLC, announced that it received notice from the United States Coast Guard stating that its Neptune Deepwater Port application for a license to construct an offshore liquefied natural gas (LNG) facility was complete.
SUEZ LNG NA's wholly owned subsidiary, Distrigas of Massachusetts LLC, owns and operates an existing LNG receiving terminal in Everett, Massachusetts, which began service in 1971.
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