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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

Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

Google states that they are advancing a broad portfolio of new energy technologies to support their growth and enable a reliable, affordable, clean energy future. The key energy sources and technologies identified by Google to commercialize are enhanced geothermal, advanced nuclear and long duration energy storage. In addition, natural gas with CCS is targeted as a critical source of clean firm power.

The Broadwing gas-fired, power generation project is located at an industrial facility run by Archer Daniels Midland (ADM), which has nearly a decade of experience safely storing CO2 from ethanol production. The project will supply low-carbon electricity to Google and ADM and steam for processing operations by ADM. More than 90 percent of the CO2 generated by the power plant will be captured and permanently stored in ADM's adjacent EPA-approved Class VI sequestration facilities. The Broadwing project is scheduled to commence construction in 2026 and achieve commercial operation by early 2030.

ADM states that its Decatur CCS operations have included capturing CO2 from one of ADM's nearby corn-processing plants, and then injecting it more than 5,550 feet underground for permanent sequestration. Over the past decade, ADM, working with government, academic and industrial partners, has safely sequestered approximately 4.5 million metric tons of CO2.

Broadwing is the first project in a longer-term collaboration with project developer Low Carbon Infrastructure (LCI), a portfolio company of leading infrastructure investor, I Squared Capital, to develop future CCS facilities in the U.S. and demonstrate how to deploy CCS projects for power generation at commercial scale.

Google states that its goal is to help bring promising new CCS solutions to the market while learning and innovating quickly. Google plans on its collaboration with LCI to help fast-track critical technical and operational improvements, from continuing to raise CO2 capture rates to improving system performance and economics.

To provide environmental transparency, Google will incorporate in the project a newly-released standard for CCS-specific Energy Attribute Certificates (EACs), which have been developed to ensure CCS projects can be accurately quantified in emissions reporting.

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