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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

Gas-fired Plant Under Construction in Colorado

LCG, Mar. 6, 2002A joint venture of Colorado Springs Utilities and El Paso Corp., of Houston, has begun construction of a gas-fired, combined-cycle 480-megawatt power plant just south of the Ray D. Nixon power plant, near Fountain, Colorado.

Steve Christensen, project manager at Colorado Springs Utilities, said the plant will lower the utilitys need for purchases from the open market, and supply half of Colorado Springs electricity needs during peak demand. The plant, named Front Range Power, is expected to be operational in spring 2003.

Colorado Springs Utilities, which has $40 million invested in the plant, said it will use 80 gallons of water per minute for steam turbines, compared to hundreds or thousands of gallons used by traditional gas-fired plants.
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