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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

California Municipals Urge Customers to Save Electricity

LCG, Feb. 8, 2001The Northern California Power Agency, which provides electricity to member municipal utilities in Northern California, said its members have asked their customers to step up electricity conservation efforts, even if they are not at risk of the rolling blackouts that threaten the rest of the state.

Every megawatt saved by the municipals is a megawatt that can be sold to the California Independent System Operator to keep lights on elsewhere.

The NCPA says the next round of blackouts could be the toughest yet. So far, rolling blackouts have only occurred in Northern California, and have affected only about 5 percent of the population. If power suppliers quit furnishing electricity to the state's investor-owned utilities or to Cal-ISO, things could get a lot worse, the agency said.

"As locally owned municipal power agencies, we are not part of the larger investor-ownedelectricity system that has been experiencing reliability and price difficulties," explained JohnFistolera, a spokesperson for the NCPA. "But just because we aren't experiencing the problemsdoesn't mean we can't be part of the solution."

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