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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

160-MW Texas Wind Farm Planned

LCG, July 24, 2003--The largest wind farm yet proposed in Texas has been announced by TXU Energy, a subsidiary of TXU Corp., and Green Mountain Energy, and is expected to be completed in the town of Brazos by the end of December 2003.

"As the largest purchaser of wind power in Texas, TXU Energy is pleased to help make this transaction a reality," TXU Energy's president of portfolio management, VJ Horgan, said. Developers for the project are Cielo Wind Power, LLC, based in Austin, and Orion Energy LLC, of Oakland, Ca. Shell WindEnergy, which jointly owns the project with Padoma Resources I, Inc., will operate the Green Mountain Wind Energy Farm. Output will be purchased and marketed by Green Mountain, of Austin, and by TXU Energy.

The installation will provide power to 30,000 average Texas homes each year, generated from 160 Mitsubishi generators. The turbines will each be about 230 tall, and according to the purchasers, prevent the same amount of CO2 each year that is caused by all cars and SUVs in Houston in most weeks.
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