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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

SaskPower Prepares for Wind Power Project

LCG, March 7, 2002A wind power project capable of generating 5.9 megawatts will be installed near Gull Lake, Saskatchewan, starting this summer, following SaskPower's selection of Vestas Canadian Wind Technology as turbine vendor and installer.

The installation will consist of nine turbines, and is worth C$10.8 million ($6.8 million US). In addition to the Vestas project, a joint venture of Suncor and Enbridge of Alberta, SunBridge, will have its own 17-turbine installation operating near Gull Lake, by August. That installation will have a maximum output of 11 megawatts.

The SaskPower project is being supported by the government's Crown Investments Corp., and is expected to operate on a cost-recovery basis over ten years. Its output will be priced at C$35 ($22 US) per megawatt-hour. The University of Regina has committed to purchases of 570 megawatt-hours of the project's output, for C$20,000 ($12,640 US).

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