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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

Texas to get a Whiff of Electric Dereg Tomorrow

LCG, July 30, 2001One out of 20 retail electric customers in Texas will be eligible to start receiving power from an alternative service provider beginning at 12:01 tomorrow morning, as the state begins a pilot program to get ready for full deregulation next January 1.

Originally set to begin June 1, the pilot program has been delayed by computer problems. At least one alternative service provider, and an environmentally friendly one at that, thinks the wait was worth it.

Eleanor Scott, a spokeswoman for Green Mountain Energy, said "We think waiting until all the systems are ready will let us provide good customer service."

Good service without California's problems, is the promise of Texas industry officials. They point to recent commissioning of several new power plants in the Lone Star State as insurance against soaring prices and rolling blackouts.

In Texas, and everywhere else but Sacramento, an insufficiency of supply in California is seen as the cause of that state's problems. In California, the high power prices and rolling blackouts are blamed on energy companies from Texas.

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