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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

Bush Signs Yucca Mountain Bill

LCG, July 23, 2002-Today President Bush made the Yucca Mountain into a national nuclear waste dumpsite, signing the bill regardless of considerable protest from Nevadans.

Yucca Mountain has been considered a possible repository for the nation's high level radioactive waste for over twenty years.

Some Nevada residents and environmentalists contend it has been the only site seriously considered and researched in that time.

In any case and despite a visit to the nation's capital by Nevada's governor, plans are to open the site by 2010. Nevada filed a formal protest earlier this year after President Bush announced his support for it, but both the U.S. Congress and Senate voted to utilize the site.

Yucca Mountain will accept some pre-existing 77,000 tons of radioactive waste, which is currently stored in 39 states across the country.

Opponents have cited safety concerns regarding the transportation of high level radioactive waste, although Energy Secretary Spencer Abraham has insisted that strict safety measures will ensure acts of terrorism or accidents will be avoided.

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