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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

Boat Collides with Dynegy Gas Storage Facility

LCG, May 9, 2002--A fishing vessel hit the Rough facility in the U.K. North Sea yesterday at 0830 GMT.

109 employees were evacuated, 19 stayed to evaluate damages, and no injuries were reported.

Dynegy declared a force majeure and has delayed maintenance. The vessel made contact with a platform at the facility, and company spokesmen will not be ready to comment until engineers have inspected the platform and legs, the latter of which will require a diving vessel for parts below the water line.

Dynegy's Rough facility has been closed since May 2 for scheduled maintenance and would have opened May 17 again. The facility's gas supply is sufficient to serve the U.K. for thirteen days.

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