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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

FPL Energy Plans Another Wind Project for North Dakota

LCG, June 27, 2008--The North Dakota Public Service Commission was recently notified by FPL Energy that it plans to construct a 150-MW wind farm in southeastern North Dakota. The project is estimated to cost approximately $300 million and will include roughly 100 wind turbines.

The turbines will be installed on a 20-acre site in Dickey County, and construction is anticipated to commence in July 2009 and to be completed by year-end.

FPL Energy currently operates wind farms with an installed capacity of over 300 MW in North Dakota. Early this year FPL Energy filed a permit application for the Barnes County wind farm with the Commission. Approval was recently granted for the project, which will include 133 wind turbines and have an electric generating capacity of approximately 200 MW.
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