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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

Nova Scotia Power to Purchase Electricity from Amherst Wind Project

LCG, August 19, 2005--Nova Scotia Power (NSPI) announced that it has executed a 15-year agreement to purchase power from the Amherst Wind Energy Project, located on the Tantramar Marsh along the border between Nova Scotia and New Brunswick. The project is scheduled to commence operations in 2007.

The 31-MW project, with an estimated cost of $60 million, is a joint venture between Wind Dynamics Inc. of New Brunswick and EHN Windpower Canada, a wholly owned subsidiary of the Spanish conglomerate Acciona.

Over the past 16 months, NSPI has awarded contracts with independent power producers for 100 MW of wind power.

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