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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

AES May be Sued for Running Plant Too Much

LCG, Nov. 29, 2000--In a filing with the U.S. Securities and Exchange Commission, independent power producer AES Corp. said it may face a lawsuit by a California state agency for excessive emissions of oxides of nitrogen.

In its filing, AES said the state's South Coast Air Quality Management District has "threatened to bring a lawsuit" against the company in state court, charging AES with operating its Alamitos, Calif., power plant more than it should.

The District may "seek substantial civil penalties," the filing said.

Alamitos is a 2,097 megawatt natural gas-fired power plant located in Long Beach. AES purchased the plant from Southern California Edison Co. when the utility divested itself of its California non-nuclear generating assets in compliance with provisions of the state's electric restructuring program.

AES said it ran Alamitos more than the plant would have ordinarily been operated because of urgent requests from the California Independent System Operator when state power reserves were less than 2 percent on many occasions during this past summer. The extra operation cause the plant to exceed its allowable annual amount of nitrogen oxides emissions.

The company said it hopes to reach a settlement before the issue reaches the courts.

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