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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

Entergy Agrees to Hookup for Huge Panda Powerhouse

LCG, Aug. 9, 2000--Panda Energy International said on Tuesday that its Union Power Partners affiliate, developer of a 2,720 megawatt power plant in El Dorado, Ark., had signed an agreement with Entergy Arkansas Inc. for hooking the huge merchant facility up to the grid.

Panda said the agreement is "another major milestone" in the successful development of what will be the largest 100 percent merchant power plant ever built in the United States.

As part of its agreement, Panda will contribute several million dollars worth of new transmissionsystem equipment to Entergy to allow its bulk system to accommodate a facility of El Dorado's sizeand scope.

Garry Hubbard, Pandas senior vice president for merchant plant development, said the agreementallows the facility to interconnect with Entergy's bulk transmission system which will enable sales ofelectricity and ancillary services to wholesale power customers.

Site preparation for the big power plant is complete, Panda said, and construction will begin this fall. First phase operations are scheduled to begin in the spring of 2002.

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