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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

TransAlta to Build 440 Megawatt Cogenerator

LCG, Sept. 14, 2000TransAlta Corp. said yesterday it would spend $400 million Canadian ($270 million U.S.) to build a 440 megawatt cogeneration power plant and take over existing plants with a combined capacity of 210 megawatts, all in Sarnia, Ontario.

The new, natural gas-fired cogeneration facility will be the largest of its type in Canada, the company said.

Commercial operation of the 440 megawatt plant is expected by October 2002. Once it is up and running, it will supply Bayer, Dow Chemical Canada Inc. and NOVA Chemicals (Canada) Ltd. with power and steam. Excess power will be sold into the competitive electricity markets.

"This project demonstrates our commitment to grow our gas-fired generation by 500 megawatts a year, and the company's goal to own and operate 10,000 megawatts by 2002," said Steve Snyder, TransAlta president and chief executive. "The project also positions TransAlta for growth as the restructuring of the industry in Ontario continues to unfold."

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