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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

Alberta Power Generators Want to Export Electricity

LCG, March 19, 2002-Provincial Energy Minister Murray Smith encouraged Alberta to export significant amounts of electricity to the United States.

On Monday Smith told independent power generators that they should avoid keeping Alberta energy inside the Canadian province. He said exports would strengthen the market, deregulated for 15 months.

Currently, the primary connection between Alberta and the Western Power Grid is through a 1,000 MW line via British Columbia.

Many Alberta companies have requested permits to export power.

Opponents of exports worry about the effects on supply as well as increasing electricity rates within Alberta.

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