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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

Progress Energy Carolinas Adds Peaking Unit in North Carolina

LCG, June 1, 2009--Progress Energy Carolinas yesterday announced that a new combustion-turbine (CT) unit was placed into commercial operation at the Wayne County Energy Complex near Goldsboro, North Carolina. The company installed the unit to meet the growing summer peaking load.

The new unit is the fifth CT installed at the Wayne County Energy Complex, which began operating in 2000. The new unit increases the electric generating capacity from approximately 668 MW to 836 MW. All five units are capable of using either natural gas or low-sulfur oil to satisfy fuel requirements.
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