EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Shell Energy Exits Ohio, Texas Power Markets

LCG, Sept. 5, 2001--Shell Oil Co. electricity marketing affiliate Shell Energy Services said yesterday that it would back out of the Ohio retail electricity market and the Texas Electric Choice program.

Alan Raymond, president and chief executive of the unit, said, "Volatile energy prices and an uncertain economic environment over the past few months have caused legislators, regulators, generators and marketers to reconsider their deregulation situations and strategies."

Those reconsiderations are what cause Shell Energy to reconsider. The company said it will focus its efforts on its existing natural gas markets in Georgia and Ohio.

Shell Energy said it would try to find another marketer to take over its 30,000 Ohio customers. Texans who selected the company as their new electricity provider may choose another marketer; otherwise they will be returned to their local utility without requiring any action on their part.

"We thank our Ohio and Texas customers who selected Shell Energy as their electricity providerand assure them that Shell Energy will do all it can to make their transition to another providerseamless," Raymond said in a statement, as his company tipped its hat and stepped through the door.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service