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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

ACCIONA Completes 46-MW Solar Plant in Portugal

LCG, December 31, 2008--ACCIONA Energy announced Monday that it placed into service a 46-MW solar photovoltaic (PV) power plant built in Portugal's Alentejo region near the border with Spain. The facility was constructed by ACCIONA Solar, a subsidiary of ACCIONA Energy, and is owned by entirely by ACCIONA.

The solar facility consists of 262,080 polycrystalline silicon modules mounted upon 2,520 tracking devices designed by ACCIONA that follow the sun's movement across the sky. Each tracking device is approximately 42.7 feet long and 35.7 feet tall. The footprint of the facility covers nearly 620 acres.

ACCIONA invested approximately $370 million in the project.

An initial, 3-MW phase of the project was operational late in 2007. The entire project was built in thirteen months.
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