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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

SEMPRA's Cameron LNG Terminal Gains Momentum

LCG, October 26, 2005--Sempra LNG, a unit of Sempra Energy, yesterday announced that it has executed a Heads of Agreement (HOA) with Sonatrach S.A., Algeria's state-owned natural gas and oil refining company, to deliver liquefied natural gas (LNG) from Algeria to the Gulf Coast, where Sempra is constructing the Cameron LNG Terminal. The terminal is scheduled to be operational in late 2008.

According to Sempra, the non-binding HOA contemplates a 20-year agreement to import 250 to 500 MMcf/day of Algerian gas. The companies are proceeding with detailed negotiations that include exploring additional opportunities to market the natural gas in the United States.

The Cameron LNG terminal is designed to have an initial processing capacity of 1.5 Bcf/day. The terminal is located about 15 miles south of Lake Charles and is near Henry Hub. Following re-gasification at the terminal, natural gas will be transported approximately 35 miles via the planned Cameron Interstate Pipeline to interstate and intrastate pipelines, which will then deliver the gas to markets throughout the Central and Eastern United States. The new, 36-inch diameter pipeline is a project of Sempra Pipelines & Storage, a unit of Sempra Energy. The Federal Energy Regulatory Commission previously granted approval to construct and operate the pipeline.

In July of this year, Sempra LNG announced that it had executed a long-term agreement to provide Eni S.p.A. with approximately 600 MMcf/day of capacity in the LNG terminal and the Cameron Pipeline. The 20-year agreement calls for deliveries to begin in early 2009. Eni S.p.A. is an international company based in Italy that operates in the oil, natural gas, electricity generation, petrochemicals, engineering and construction and oilfield services sectors of the energy industry.

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