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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

New Jersey Group Continues to Fight BG&E Choice Plan

LCG, Oct. 30, 2000--A New Jersey-based group claiming to represent energy marketers seeking to sell electricity in Maryland said on Friday it will continue its opposition to a customer choice plan agreed to in a settlement between Baltimore Gas & Electric Co., the Maryland Public Service Commission and numerous "intervenors."

The Mid-Atlantic Power Supply Association of Ramsey, N.J., said it will appeal a September 21 ruling by Judge Albert J. Matricciani of the Maryland state Circuit Court for Baltimore City that affirmed the June 1999 agreement between BG&E, the commission, various other state agencies and a number of consumer and business associations.

The agreement would have allowed the utility to begin offering its electric customers the opportunity to choose alternative suppliers beginning June 1 of this year, with a guaranteed rate cut thrown in.

Mapsa claims that the settlement was backed only by "associations representing commercial and industrial customers," but last month Frank O. Heintz, BG&E chief executive, pointed out that "one of (Mapsa's) out-of-state members already has signed more than 100 large retail electric customer accounts here in Central Maryland."

The Baltimore City Court was the fourth or fifth venue in which Mapsa has attempted to upset BG&E's applecart. You can either commend the group for its tenacity or regard it as beating a dead horse.

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