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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

CPUC Plans to Charge "Exit Fee" Aggravate Solar Owners

LCG, March 27, 2003Opposition to a possible California Public Utilities Commission "exit fee" for solar panel owners may sway the commission to abandon it.

The California Public Utilities Commission has been planning to apply a fee for leaving the electricity grid. The fee would come as a small measure among many to slowly reverse the states electricity-related budget problem and would apply to solar panels installed since January 17, 2001.

Possible fees might be in the range of $0.005 to $0.027 per kilowatt-hour, roughly $2.50 to $13.50 added to the average monthly bill.

Meanwhile, those promoting solar and clean power have come to CPUC meetings and spoken in the legislature against any sort of hindrance to people setting up their own clean power.

According to Commission Carl Wood, solar panels are likely to be exempted from the fee, but the commission will continue to seek fees from private owners of fossil fuel generators.

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