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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

Supreme Court Rules EPA Can Overrule States

LCG, Jan. 21, 2004--A dispute before the Supreme Court over construction of a diesel power plant that had been approved by the state of Alaska, but that was blocked by the Environmental Protection Agency, was decided in favor of the federal agency as part of its enforcement of the Clean Air Act.

The Ninth U.S. Circuit Court of Appeals had previously ruled that the decision of the EPA to prevent the Teck Cominco mining company from adding a new diesel generator at the Red Dog Mine was within its "ultimate authority" in such regulatory actions governing emissions. Writing for the majority, Justice Ruth Bader Ginsburg said that the agency holds "supervisory authority over the reasonableness of state permitting."

The narrow majority (the decision was 5-4) found that the EPA had not issued a ruling beyond what the scope of the law covers. Justice Anthony Kennedy, in the dissenting opinion, wrote that he believed the majority's ruling was in conflict with the Clean Air Act, administrative law and "principles that preserve the integrity of states in our federal system."
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