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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

Connecticut Plant Trips Off Line in Heat Wave

LCG, August 14, 2002-A 400 MW Connecticut plant tripped off line today, straining New England electric capacity.

Bridgeport Harbor plant managers said that an electrical problem in Unit 3 led to a small leak of oil and hydrogen. The subsequent small and short-lived fire caused no injury to workers or the plant.

The Bridgeport Harbor 158 MW Unit 2 was also shut down briefly as a precaution but is now back on line.

Plant officials do not know when Unit 3 will go back on line as the exact cause of failure is as yet unknown.

Wisconsin Energy Corp. unit Wisvest, which owns the plant, has agreed to sell it to PSEG Energy for roughly $280 million.

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