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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

GRDA and TradeWinds Announce Agreements for Two Wind Farms in Oklahoma

LCG, March 28, 2014 - Grand River Dam Authority (GRDA) announced Tuesday that it has entered into 20-year power purchase agreements (PPAs) with TradeWind Energy, Inc. for the electricity generated from two wind farm projects in Oklahoma. The agreements were approved by the GRDA board of directors.

The two projects are the Mustang Run and Breckinridge Wind Projects. The combined generating capacity for the two projects is 234 MW. The Mustang Run Wind Project has a design capacity of 136 MW and will be developed on 16,000 acres in Osage County. The Breckinridge Wind Project has a design capacity of 98 MW and will be developed on approximately 10,000 acres in Garfield County.

GRDA is pursuing new generation resources to reduce dependence on coal and create a more diverse supply portfolio. "The addition of these wind projects will help bring the diversity we need," said GRDA's CEO. "The fuel options we will have in the future will continue to serve our customers well with reliability and affordability. We look forward to our partnership with TradeWind in this very important step toward our future."

Earlier this month, GRDA announced an agreement with Mitsubishi Hitachi Power Systems Americas (MHPSA) for MHPSA to supply GRDA with a 495-MW combined cycle natural gas facility that will utilize the J-Series gas turbine and be operational by March 2017. The new unit (GRDA Unit 3) will be located at the Grand River Energy Center (formerly GRDA Coal Fired Complex), about 56 kilometers east of Tulsa.
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