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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

PG&E Unit Gets Oregon Power Plant Approval

LCG, Sept. 20, 2001--PG&E Corp. said yesterday the Oregon Energy Facility Siting Council has awarded a site certificate for the Umatilla Generating Project, a proposed power plant being developed by corporation's PG&E National Energy Group subsidiary.

The proposed natural gas-fueled plant will generate up to 598 megawatts of electricity and will be located across the street from the National Energy Group's Hermiston Generating Plant near Hermiston, Ore. The plant is expected to be in service by 2004, the company said.

"We have worked closely with the Oregon Energy Siting Council, as well as the various interested parties, throughout the state process, and the project is a better one because of these efforts," said Thomas B. King, president and chief operating officer of the National Energy Group's western region. "We will continue to work with the Siting Council and the Oregon Office of Energy in our effort to develop an energy resource that will help meet the long-term power needs of the people of Oregon and the rest of the Northwest."

The company said that construction of the facility could begin in early spring of next year. Between 300 and 350 local construction jobs are expected to be created at the peak of construction. The project will hire 10 to 15 full-time employees when it begins operation, which will be in addition to the 27 full-time jobs at the existing plant.

"We greatly appreciate the efforts of the Hermiston-area community throughout the siting of the (project) and will continue working with local officials throughout the rest of this process," said Hermiston Generating Plant Manager Greg Cook.

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