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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

New Jersey Utility Joins PJM from NYISO

LCG, Mar. 28, 2002--New Jersey's Bergen County, served by Rockland Electric Co., will be part of the Pennsylvania-Jersey-Maryland Interconnection, the Mid-Atlantic grid operator.

Prior to the announcement by Rockland, the utility had been part of the New York Independent System Operator market territory. The addition of Rockland is the first since Washington, DC's Potomac Electric Power joined in 1966. PJM West represents a further upcoming addition to PJM, and will cover the territory served by Allegheny Power's transmission system, including parts of Pennsylvania, Ohio, Maryland, Virginia and West Virginia. The company is a subsidiary of Allegheny Energy Inc., based in Hagerstown, Md.

Rockland's service territory supplies approximately 400 megawatts of demand, but does not represent any generation. Rockland will take part in the Basic Generation Service auction, which is intended to offer retail customers the opportunity to select alternative suppliers on a competitive basis.
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