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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

Constellation's Hillabee Power Plant Begins Operations

LCG, June 8, 2010--Constellation Energy today announced that commercial operations commenced of its 740-MW, Hillabee Power Plant, located near Alexander City, Alabama. The project is expected to satisfy existing customer load obligations and meet increasing electricity loads in the region.

The natural gas-fired facility was purchased from Calpine Corporation in February 2008, when it was only partially complete, for $156.9 million (including direct costs). Calpine initiated construction of Hillabee in 2001, but discontinued work in 2003.
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