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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

Wind Leaves Thousands Without Power in Several Eastern and Midwestern States

LCG, March 11, 2002-Thousands of electricity customers lost power due to high winds on Saturday and Sunday from Michigan to New Jersey.

Some 166,000 Detroit Edison customers lost power this weekend because of high winds. While most customers will have electricity by this evening, winds were responsible for power outages all over the eastern half of the country.

Strong winds in New Jersey and Connecticut left over 4,000 in the dark, in addition to spreading brush fires in New Jersey marshlands. No loss of electricity was reported for New York City.

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