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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

Albiasa Proposes 200-MW Solar Project in Arizona

LCG, April 22, 2009--Albiasa Solar, a Spanish company, Monday announced plans to construct a 200-MW solar electric generating system in northwest Arizona. The estimated project cost is $1 billion, and the project could be completed by 2013.

The facility will employ a concentrated solar design, which reflects the solar energy with mirrors on tubes filled with liquid. The heated liquid is used to create steam that drives steam turbines.

The project will include a thermal storage system of molten salt to provide energy for power generation when direct solar energy is inadequate, thereby increasing the dispatchability of the plant. The project will be developed at a 1,400-acre site near Kingman, Arizona.

An Albiasa spokesperson stated that the company is discussing the project with utilities in Arizona and other states.

Albiasa has U.S. offices in San Francisco, California and Phoenix, Arizona.
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