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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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SERVICES

The Power industry is an exciting and complex place to be right now, with profound changes to market structure and regulatory framework. Heavily-regulated monopolies are being replaced by smaller organizations, and renewables are coming online at a record pace.

Today, the search for the optimal market design continues as players grow increasingly knowledgeable and deft. Now more than ever, participation in the industry necessitates sophisticated analysis techniques and access to information.

Please select from the following industry links:

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