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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

Black Hills Asks to Build Wyoming Coal-burner

LCG, Feb. 27, 2001Black Hills Corp. said yesterday it had begun the permitting process for a planned 500 megawatt coal-fired power plant to be built in Gillette, Wyo., adjoining the company's other power plants and a PacifiCorp plant at the same location.

Black Hills Energy Capital Inc., the company's independent power subsidiary, said the new plant could be operating as soon as 2005, but is contingent upon "an expedited regulatory approval timetable, the availability of adequate electric transmission access to multiple markets, and the securing of long-term power contracts for the energy produced by the project."

The company said the new plant would be similar in features to the existing 362 megawatt Wyodak power plant operated by PacifiCorp at the site. The energy produced would be sold in the wholesale energy markets.

"We are hopeful that our ambitious response to market opportunity is matched by the commitmentof others so that we might proceed rapidly," said Daniel P. Landguth, chief executive of Black Hills Corp. "We appreciate the need for regulatory review and compliance, but we are hopeful that the review process can be expedited. We also believe that the State of Wyoming can position itself as an energy leader by facilitating private sector construction of additional electric transmission line infrastructure."

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