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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

FERC Okays El Paso Gas Commitment in Arizona

LCG, June 27, 2001--The Federal Energy Regulatory Commission on this morning approved a plan by El Paso Corp. unit El Paso Natural Gas to supply 620 million cubic feet of natural gas per day to fuel two new electric generating plants in Arizona.

The two plants are the 2,210 megawatt Redhawk facility owned by Pinnacle West Capital Corp., parent company for Arizona Public Service Co., and the nearby 1,000 megawatt Arlington Valley power plant owned by Duke Energy Corp.

The Redhawk plant would burn about 410 million cubic feet of gas a day, while the Arlington Valleyplant would need another 210 million cubic feet a day.

Other shippers using the same pipeline expressed concern that the existing pipeline may not have sufficient capacity to support to two power plants and FERC has asked El Paso to provide assurance that they will be protected.

In order to provide gas to the power plants, El Paso will extend its pipeline by 7 miles at a cost of about $8 million.

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