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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

Plant Contract Signed on Texas-Based Combined-Cycle

LCG, Oct. 3, 2003--Brazos Electric Power Cooperative, Inc. has awarded a contract for turnkey construction services to Fluor Corporation, which is to conduct engineering preparations as well as all construction and operating services necessary to bring a 620-megawatt combined-cycle plant online by 2006.

The Jack County project is expected to provide 400 jobs during construction. Brazos Electric Cooperative, which conducted its analysis with the Rural Utility Service, expects that the gas-fired plant will help to meet growing demand for electricity, and secure reliability for its customers.
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