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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

Official Inauguration of Walney Offshore Wind Farm

LCG, February 9, 2012--The United Kingdom Energy Secretary today led the official opening of the Walney Offshore Wind Farm, a 367.2-MW mega-project located approximately 9 miles off the coast of Cumbria. The $1.9 billion project is a joint venture between DONG Energy, SSE and OPW, and it includes 102, 3.6-MW turbines provided by Siemens.

CEO of DONG Energy stated, "Walney is a landmark in offshore wind and DONG Energy?s strong drive to further industrialize offshore wind power and cut costs. It demonstrates our commitment to invest in the UK."

The project was completed in two phases (Walney 1 and 2),each including 51 turbines. The rotor diameter of the turbines is 107m for Walney 1 and 120m for Walney 2, with a maximum height of 150m from blade tip to sea level. The total area of the development is some 73 square kilometers. Walney 2 was completed in November of last year.
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