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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

Reliant Plans 580 Megawatt Arizona Plant

LCG, Sept. 5, 2001--Reliant Energy Wholesale Group said yesterday it plans to build another combined-cycle generating power plant in Arizona near its recently completed Desert Basin facility southeast of Phoenix.

The 580 megawatt plant is scheduled to begin commercial operation in 2004, and will be doubled in size if regional demand for power justifies the expansion. Another 580 megawatts could be added by 2009, the company said.

The new plant, which will be called Signal peak after a nearby landmark, will consist of two natural gas-fueled combustion turbines and one steam turbine spun by a heat recovery steam generator. The steam will be returned to liquid water in an air-cooled condenser which requires only about 300 acre-feet of water per year, Reliant said.

"Signal Peak will be a valuable energy resource that's designed to meet the region's need for electricity while protecting the environment and conserving precious water supplies," said Jack Farley, western region president of the wholesale group.

Reliant Energy Wholesale Group is a unit of Houston-based Reliant Resources Inc.

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