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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

China Builds Trash-burning Power Plant

LCG, May 15, 2002-China's trash-burning power plant plans have been delayed two years, but a loan from Spain may bring about its construction.

Chinese State Development Planning Commission approved the 680 million yuan ($82.2 million) Beijing project in 2000, but further action has been postponed because of financial and environmental concerns.

Spain has reportedly agreed to loan $45 million for construction, and the plant is hoped to be on line by the 2008 Olymic games, which will be held in Beijing.

Golden State Group Corp. holds the controlling stake in the joint venture.

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