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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

Construction Starts on FPL's 10-MW Solar Project

LCG, May 29, 2009--Construction activities are now underway on the Space Coast Next Generation Solar Energy Center, located at the Kennedy Space Center in Florida. The 10-MW, solar photovoltaic (PV) power project is a public-private partnership between Florida Power & Light Company (FPL) and NASA.

The Space Coast Next Generation Solar Energy Center will employ Sunpower PV panels and SunPower Tracker technology, which moves the panels to follow the sun throughout the day and increase the solar energy converted to power. The project will use approximately 35,000 solar PV panels installed over 60 acres. The power generated will be used by FPL's customers in Florida.

In late February, FPL began construction on a similar project, the DeSoto Next Generation Solar Energy Center, that will provide 25 MW of solar PV power to FPL's customers. FPL has stated that the DeSoto project will be the largest solar PV facility in the nation when it is complete at the end of 2009.
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