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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

State of Pennsylvania Leads Nation in Green Power Purchases

LCG, August 30, 2006--The State of Pennsylvania announced yesterday that it has doubled its purchases of green electricity and is now the largest state purchaser of green power in the nation. Pennsylvania will now purchase 200 MWh per year of energy from clean, renewable resources that do not produce emissions.

To achieve this status, Pennsylvania modified an existing power purchase agreement with Community Energy, Inc. (CEI). The agreement requires that 40 percent of the power supplied is generated from wind resources and 60 percent is from hydroelectric resources. The annual energy purchase of 200 MWh is equivalent to 20 percent of the state government's electricity requirement, and the energy will be purchased "at a premium rate of only 0.34 cents per kilowatt hour."

CEI was purchased in May 2006 by the Spanish firm, IBERDROLA, an international energy company that owns and operates renewable energy facilities around the world. IBERDROLA is also largest shareholder in the Spanish wind company, Gamesa Corp., which recently chose to base its North American headquarters in Pennsylvania.






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