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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

PG&E Pursues New Power Supplies

LCG, November 4, 2004--Yesterday Pacific Gas and Electric Company (PG&E) issued two Requests for Offers (RFOs) for long-term power supply contracts that total 2,200 MW of power, with about 1,200 MW to be available by 2008 and the remainder by 2010.

The RFO follows PG&E's long-term resource plan that was filed with the California Public Utilities Commission (CPUC) in July 2004. In the resource plan, PG&E proposed a 50/50 mix of utility-owned generating facilities and wholesale generator contracts. The RFO criteria for utility-owned generation includes all fuel types and technologies for new, dispatchable facilities with a capacity of at least 25 MW. Similarly, the RFO criteria for long-term contracts is for peaking capacity of at least 25 MW. With respect to renewable energy supplies, a process is already underway at PG&E for additional intermediate and long-term contracts.

PG&E expects the CPUC to issue a final decision on the long-term resource plan by the end of the year. The initial responses to the RFOs are due January 14, 2005, and PG&E plans to submit the executed contracts to the CPUC in June 2005.

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