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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

Bruce Power Nuclear Units Near Restart This Month

LCG, Apr. 4, 2003--Regulators stated today that Bruce Power's nuclear generating units 3 and 4 at the Bruce A plant in Ontario may start operations this month after having been taken offline in 1998.

"Today's decision gives additional impetus to our program to rtestart the first Bruce A reactor before the end of April so it can provide electricity to the Ontario grid well in advance of the summer peak," said Duncan Hawthorne, president and chief executive of Bruce Power, in a statement. Regulators allowed the Ontario-based plant to begin refueling the units beginning in January, in time for an April start-up.

The ability of Bruce Power to maintain and prepare the units was briefly threatened in the fall of 2002 due to liquidity problems within British Energy, then a major shareholder. Now, Bruce Power is part of a joint venture between Cameco Corp., a miner of uranium, TransCanada Pipelines, and a trust that is part of the Ontario Municipal Employees Retirement System. Starting the units is seen by the Independent Electricity Market Operator as a positive development for reliability, and should mean that it will not have to purchase expensive imports during the summer as it did last year.
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