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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

ExxonMobil Receives Approval from FERC for Vista del Sol LNG Terminal

LCG, June 17, 2005--The Federal Energy Regulatory Commission (FERC) authorized on June 15 the construction of a liquefied natural gas (LNG) terminal and related pipeline facilities proposed by ExxonMobil Corporation's affiliates, Vista del Sol LNG Terminal LP and Vista del Sol Pipeline LP. The proposed terminal will be located along the Gulf of Mexico near Corpus Christi, Texas in San Patricio County.

The proposed terminal will be able to receive approximately 1.1 Bcf/day of LNG. After the natural gas is vaporized, a proposed 36-inch diameter pipeline, with a capacity of 1.4 Bcf/day, will deliver the gas to existing pipelines for transportation throughout the North American gas network. The LNG supplies received from outside North America will supplement domestic gas supplies.

The project is scheduled to be completed and operational in 2008.

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