Lakefield Junction — Plant Summary
- EIA Plant ID
- 7925
- Capacity
- 537.8 MW
- Primary Fuel
- Natural Gas
- Technology
- Natural Gas Fired Combustion Turbine, Petroleum Liquids
- Status
- Operating
- Location
- Martin, MN
- Operating Since
- 2001
- Generators
- 7
- Operator
- Great River Energy
- Parent Company
- —
- Annual Generation
- 63,940 MWh
- Capacity Factor
- 1.4%
- Balancing Authority
- Midcontinent Independent Transmission System Operator, Inc..
- ISO/RTO
- MISO
- NERC Region
- MRO
Lakefield Junction
OperatingDistillate OilNatural GasHybrid
Ranked #5 of 34 Natural Gas plants in MN#457 of 2009 nationally
537.8 MW Natural Gas Fired Combustion Turbine (536 MW) + Petroleum Liquids (2 MW) operating in Martin, MN — Midcontinent Independent Transmission System Operator, Inc..
EIAWD
537.8 MW
Nameplate Capacity
7
Generators
units
Hybrid (2)
Technology
Natural Gas Fired Combustion Turbine + Petroleum Liquids
2001
Operating Since
Location
Coordinates
43.7984, -94.8414
County
Martin, MN
Nearby Plants
- Trimont Area Wind FarmWind100.5 MW · 1.5 km
- Pakini Nui Wind FarmWind21 MW · 7.3 km
- OREG 3 IncWaste Heat5 MW · 8.4 km
Ownership & Operator
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | Great River Energy | Great River Energy | — |
| Owner(s) | Great River Energy | Great River Energy | — |
| Status | Operating | — | — |
Ownership Chain
About
Lakefield Junction is a 537.8 MW hybrid power plant located in Martin County, Minnesota. The plant, which began operating in 2001, is owned and operated by Great River Energy. The primary fuel source is natural gas, and the plant utilizes natural gas-fired combustion turbine technology. Petroleum liquids are also listed as a fuel type. Lakefield Junction consists of seven generators.
The plant operates within the Midcontinent Independent Transmission System Operator, Inc. (MISO) balancing authority and the MRO NERC region. In the most recent year with available data, Lakefield Junction generated 63,940 MWh, achieving a capacity factor of 1.4%. The plant holds a rank of 5 out of 14 among power plants in Minnesota, and a national rank of 462 out of 945. Financial data indicates a PPA price of $24.84 per MWh.
Generated from EIA, GEM, and public data sources
Engineering & Generators
Grid Context
NERC Region
MRO
Balancing Authority
Midcontinent Independent Transmission System Operator, Inc..
Grid Voltage
345 kV
Regulatory Status
RE
Entity Type
Cooperative
Sector
Electric Utility
Generation
6.1K MWh
Latest Month
63.9K MWh
Annual Generation
1.4%
Capacity Factor
Jan 2022 – Dec 2024
Financial DataBeta
Source: FERC Electric Quarterly ReportsHIGH
$42.5/MWh
PPA Price
Great River Energy
Contract Seller
Per-Unit Cost Trends
Pricing & Market Data
HIGH confidencePoint of Interconnection
Nearest Substation
Martin County Substation · 345 kV
Substation Distance
< 10 km
Operator
Great River Energy
Coord Source
OSM spatial
Market Position
ISO/RTO Market
MISO
LMP Node
GRE.LKFLGR1
Pricing Hub
MINN.HUB
Location Type
Generation Node
Node Source
EIA-860 direct report
News & Articles (2)Beta
Industry·partnership
PowerOn Midwest proposes project through southwest Minnesota
WORTHINGTON — Great River Energy, ITC Midwest, Otter Tail Power Company and Xcel Energy have teamed up to develop PowerOn Midwest,...
Great River Energy (partner)ITC Midwest (partner)
The Globe | Worthington, Minnesota·4 months ago
Grid·interconnection
Xcel shares plan for ‘very long-term vision’ for power project
MARSHALL — A group of electrical providers including Xcel Energy are proposing to build another new transmission line project across...
Xcel Energy (operator)
marshallindependent.com·5 months ago
Last updated 2026-03-14
View all articles