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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

Buena Vista Wind Project Delivers Power to PG&E

LCG, January 11, 2007--Pacific Gas and Electric Company (PG&E) announced yesterday that it is receiving power from the Buena Vista Energy, LLC Wind Project located in the Altamont pass area east of San Francisco, California.

The Buena Vista Energy, LLC Wind Project, has a capacity of 38 MW and was developed by Babcock & Brown's North America Infrastructure Group. The project includes 38, one-megawatt turbines made by Mitsubishi Power Systems.

In April 2005, PG&E submitted the long-term power purchase agreement associated with the project to the California Public Utilities Commission (CPUC) for regulatory review.

The State of California's Renewable Portfolio Standard (RPS) Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal. PG&E states that it currently provides over 13% of its energy from renewable resources that qualify under California's RPS Program.
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