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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

Payer of Connecticut Utility's Congestion Charges Disputed

LCG, July 2, 2003--Charges for congestion that have been included in Connecticut Light & Power (CL&P) ratepayers' bills will continue to be the responsibility of the utility, not suppliers, unless the Federal Energy Regulatory Commission rules otherwise.

The charges, which arise when the effective limit of transmission lines' capacity is reached, were first put in place in March by the Independent System Operator - New England (ISO-NE). So far, the costs have amounted to $47 million, and represent about 6 percent on the typical customer's bill. As congestion costs change according to disparities in generation costs between different areas, they are intended to encourage investment, which would serve to drive the costs down.

The Connecticut Department of Public Utility Control (DPUC) determined that the congestion charges should be paid by CL&P at present. The utility contended that suppliers such as Northeast Utilities' Select Energy, Xcel Energy Inc.'s NRG Energy, and Duke Energy Corp. should pay the costs. FERC intends to determine a timetable for deciding the issue on July 9.
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