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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

Construction Begins on Carbon-Free Coal Plant

LCG, May 31, 2006--The official ground-breaking ceremony occurred in Germany earlier this week for a coal-fired power plant that will employ the oxyfuel technology to capture and sequester carbon. The 30-MW plant is under construction in eastern Germany near Cottbus and is the pilot plant being built by Vattenfall AB, an electric utility owned by the Swedish government. The plant is estimated to cost $64 million and is scheduled to commence operations in 2008.

To reduce emissions and create the opportunity for carbon capture from coal plants, most companies are selecting an integrated gasification and combined cycle (IGCC) design. In contrast, Vattenfall's choice relies on incorporating the oxyfuel technology with a traditional, pulverized coal plant design. With the oxyfuel technology, the combustion process burns the coal in pure oxygen, rather than air - which is mostly nitrogen. The volume of flue gas is much less and consists mostly of carbon dioxide and water. The water can be condensed and separated, leaving the carbon dioxide that can then be liquefied and stored. The final plans for storing the carbon dioxide from Vattenfall's pilot project are not certain at this time. Solutions under review include underground storage in aquifers and spent oil wells.

Given successes with the technology, economics, and public acceptance; Vattenfall plans to develop a larger, 300-MW plant by 2015 and a 1,000-MW plant by 2020.
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