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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

China's Three Gorges Dam Awaits Investment

LCG, March 12, 2002-China's 279 foot (185 m) hydroelectric dam project will be launched by the end of this year, pending investment. The Three Gorges dam will span the Yangtze River.

The huge project involves creating a 232 square mile (600 square km) reservoir, subsequently wiping out whole cities. Over one million people are being resettled to other parts of China, including Tibet. Proponents say the main function of the dam is to prevent deadly floods and to generate 18,200 MW of electricity.

The project still awaits over $400 million in investment from those inside China, although more international offerings are to be extended to Hong Kong and possibly London investors. Laws are already being established as to where power will go and what choices local companies will have over where to get power, although some scientists still question the engineering viability of such a large dam.

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