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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

Long Island Plant's Capacity Boosted

LCG, July 1, 2002--The Long Island-based Bethpage power plant owned by Calpine is able to produce 48 additional megawatts after an upgrade, bringing its overall capacity to over 100 megawatts.

The new capacity is under contract to the Long Island Power Authority (LIPA) for three-and-a-half years, according to Calpine. Bethpage is located in west-central Long Island, and provides electricity and steam to an adjacent Northrup Grumman Corporation facility. Before the addition of capacity, only surplus electricity not used by Grumman had been sold under agreement to LIPA.
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