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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

Covanta Energy Plans to Develop Energy-from-Waste Plant in Wales

LCG, January 30, 2009--Covanta Energy announced that it plans to construct a 70-MW power plant in Merthyr, Wales that will used waste as fuel. The target date for operations to begin is 2014.

The project, Brig y Cwm, will consume approximately 825,000 tons of waste per year. The estimated cost of the plant is approximately $570 million, and the project will be financed, built, owned and operated by Covanta Energy.

Covanta Energy is expanding its investments in biomass projects across the United States. In December 2008, Covanta announced that it had completed its acquisition of two biomass energy facilities in Maine. The two facilities, located in West Enfield and Jonesboro, have a combined capacity of 49 MW.
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