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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

Austin Energy Opens Sand Hill Energy Center

LCG, November 5, 2004--The official opening of Austin Energy's new, 300-MW Sand Hill Energy Center occurred on Wednesday. The cost of the station, located near the Austin airport, was $177 million. Consistent with the Austin's environmentally sensitive outlook, the gas-fired, combined-cycle station will use reclaimed wastewater.

With the addition of the station, Austin Energy will begin the phased, shut down of the aging, gas-fired Holly Power Plant, which was built between 1960-74 in east Austin. In December of this year, two 100-MW units will be retired, with the two remaining 200-MW units to be shut down in December 2007.

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