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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

Duke Energy Announces 110-MW Wind Project in Texas

LCG, September 4, 2014-Duke Energy Renewables, a commercial business unit of Duke Energy, announced yesterday that it will construct, own and operate a 110-MW wind power project in Starr County, Texas. The power generated from the wind farm, Los Vientos V, will be purchased by Garland Power & Light, Greenville Electric Utility System and Bryan Texas Utilities (BTU). Each purchaser has signed a 25-year power purchase agreement (PPA). The project is expected to be completed in late 2015.

The Los Vientos V wind power project will include 55 2-MW wind turbines manufactured by Vestas.

In Willacy County, Texas, Duke completed Los Vientos I (200 MW) and II (202 MW) in 2012. Los Vientos III and IV (each with a capacity of 200 MW) are two additional Duke Energy projects in Starr County, Texas, with in-service dates in late 2015 and 2016, respectively. Once these projects are all in service, Duke Energy's total wind-generated capacity will exceed 2,100 MW.
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