EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

MidAmerica Wind Projects Spurred Forward by PTC

LCG, September 30, 2004--MidAmerica Energy announced its final plans to proceed with two wind farms in Iowa following the approval of the Production Tax Credit by the House and Senate last week. Each wind farm will include 100 wind turbines, for a combined generating capacity of 310 MW.

One wind farm will be located in Buena Vista and Sac Counties. Initial construction efforts have begun, with the installation of the 1.5-MW turbines to be completed by the end of the year. The other wind farm will be located in Wright and Hamilton Counties, and the installation of the turbines is planned for next spring.

The Production Tax Credit, which provides for 1.5 cents for each kilowatt-hour of electricity produced, had expired at the end of last year. When the credit expired, the financial viability of wind projects was significantly reduced, and many projects were put on hold. The new legislation is expected to be signed by President Bush shortly and will extend the tax credit retroactively from January 1, 2004 through December 31, 2005.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service