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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

Coal-Fired Plant Proposed to TVA

LCG, Mar. 5, 2002Developers of a proposed coal-fired power plant hope to sell the entire output of the 100-megawatt plant to the Tennessee Valley Authority.

The plant would be built near the Pickwick Dam, in Hardin County, approximately 100 miles east of Memphis, and would begin operations by mid-2004. A public hearing on developer Pickwick Powers proposal will be held today.

The plant will require environmental permits, and is now undergoing review. It will utilize powdered limestone to absorb sulphur released in the burning of its fuel, which would be supplied by TVA.

TVA has already purchased the output of a 440-megawatt coal-fired plant, the Red Hills Power Station, in Choctaw County, Miss. The agency expects to complete a draft environmental impact statement by the fall, and finalize environmental review of Pickwicks proposal by early 2003.

According to spokesman John Moulton of the TVA, approval of the unsolicited proposal will be determined by whether the plant makes any kind of economic sense to us. A non-binding letter of intent to negotiate has been signed.
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