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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

Calpine Brings 550-MW Texas Plant On Line

LCG, October 17, 2002-The Corpus Christi Energy Center began operations, according to an Calpine announcement today.

Corpus Christi is a gas-fired facility with two combustion turbines and one steam turbine. The plant, located in Corpus Christi, Texas, has a capacity of 550 megawatts and can produce steam at a rate of over 1.4 million pounds per hour.

The plant is already under contract for its steam; 750,000 pounds per hour of steam will be sold to Citgo Refining Company, and 140,000 pounds per hour will be sold to Elementis Chromium.

70 megawatts of the plant's capacity will go to Citgo Refining as well, and the remaining capacity will be available on the wholesale electricity market.

Calpine is headquartered in San Jose, California, and operates 12,100 megawatts of capacity.

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