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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

Duke Energy Launches Its Green Source Rider Program with Google

LCG, November 25, 2015--Duke Energy announced yesterday that Google is the first company to participate in Duke Energy's Green Source Rider program, under which Google will use renewable energy to meet a portion of its energy needs. Duke will provide renewable energy to supply the new energy demand at Google's expanded data center in Lenoir, North Carolina.

"Google was a driver behind Duke Energy seeking approval for the Green Source Rider," said Duke Energy's Senior Vice President of Distributed Energy Resources. "Having Google as the first company to publicly announce its participation is extremely satisfying. We believe this will lead to similar announcements in the future."

The renewable power will be purchased by Duke Energy Carolinas from Rutherford Farm, LLC, a qualifying facility (QF). The 61-MW solar photovoltaic (PV) project will be built in Forest City, North Carolina. The developer is Cypress Creek Renewables. In the announcement, Duke stated that other Duke Energy customers will not pay for the project.

The project will be one of the largest solar projects in North Carolina, where the state Renewable Energy Portfolio Standard requires that six percent of investor-owned utilities' electricity sales in the state be supplied by renewable energy (or be replaced by energy conservation). The requirement scheduled to increase to 12.5 percent by 2021.
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