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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

Hurricane Isabel Leaves over 600,000 Without Electricity

LCG, September 18, 2003More than 638,000 people in North Carolina and Virginia lost power Thursday, when Hurricane Isabel struck.

The storm knocked over trees and snapped power lines, taking out electricity service in North Carolina and Virginia. More power outages are expected as Isabel continues on its path.

The storm has also caused 1,500 flights along the East Coast to be cancelled, and the eye came ashore at 2 pm EDT this afternoon, bringing gusts of up to 105 mph.

Many services in the Washington, D.C. area have also been shut down. The airport, subway, and Amtrak were closed in anticipation of the storm.

Duke Power, Dominion Virginia Power and Dominion North Carolina Power are among those that supply electricity to the affected region.

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