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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

Newsmakers

David Helwig, most recently ComEd executive vice president of operations, was recently appointed president and chief operating officer for InfraSource, an Exelon subsidiary based in Morton, Pa. He has managed all areas of the ComEd transmission and distribution system, and has over two decades of experience in line, engineering and services areas for PECO Energy, as well as General Electric Nuclear Energy's global services.

Robert Fishman, senior vice president at Calpine Corp. has been selected to lead Calpine's GE LM6000 combustion gas turbine peaker program. He will oversee development, engineering and construction of 15 peaking turbines located at sites throughout Northern California. Fishman has also been president of PB Power, part of the Parsons Brinckerhoff group of companies. He has nearly three deacdes of experience in project development, management and facilities engineering.

Secretary of Energy Spencer Abraham has reappointedRufus D. Gladney to the National PetroleumCouncil. Gladney serves as ConsumerEnergy's executive manager of business servicesand was appointed to the council last year.

Michael W. Rencheck will become senior vicepresident of engineering and region operations forAEP Pro Serv, Inc., a subsidiary of AmericanElectric Power. Rencheck entered AEP as vicepresident-nuclear engineering of the Cook NuclearPlant in Bridgman, Michigan.

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