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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

45-Megawatt Plant in Alberta Complete

LCG, Jan. 30, 2002--A gas-fired plant that will provide electricity to Alberta's Rainbow Lake and High Level region has been built in under six months.

The Rainbow Lake plant, which is north of Grande Prairie, began as a project to double capacity at ATCO Power's Valleyview project. Instead, ATCO Power and Husky Energy, which operates a gas plant at Rainbow Lake, agreed on bringing the project to the site of an earlier, 45-megawatt cogeneration plant. That plant, which provides steam to the Husky Energy gas plant, started operations in 1999.

ATCO Power's president Gary Bauer said of the decision to enhance reliability at the plant's final location, "we quickly adjusted these projects to meet the electricity needs of Albertans in a rapidly growing part of our province."
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