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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

Taiwan Lawmakers in Special Session on Nuclear Plant

LCG, Jan. 29, 2001The Taiwan legislature was called into special session for tomorrow and Wednesday in an effort to confirm the decision by Prime Minister Chang Chun-hsiung to discontinue construction of a controversial fourth nuclear power plant on the island.

However, lawmakers favoring finishing the plant plan to turn the session into a renewed effort to restart construction.

Earlier this month, Taiwan's constitutional court ruled that Chang and his cabinet were wrong to scrap the plant without support of the legislature, but stopped short of calling the action unconstitutional. In its ruling, the Council of Grand Justices said the government should report to the legislature on its decision to halt construction of the plant.

The court said that if the legislature voted against the government decision to scrap the plant, there were three options: Chang could resign, a no confidence vote could be taken against his government, or legislation could be passed requiring that the plant be finished.

The Nationalist Party, which lost the presidential election to the Democratic Progressives in last year's elections, favors completion of the nuclear plant and retains a majority in the legislature.

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