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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

FERC Rules to Preserve Charges Between Transmission Systems

LCG, April 1, 2003The Federal Energy Regulatory Commission decided grid operators can charge fees to transfer electricity from one operators transmission lines to another through their own.

The case surfaced as PJM Interconnection and Midwest Independent System Operator applied to join their respective service territories. Midwest ISO serves some Southern States as well as several Midwest states including parts of Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Minnesota, Ohio, and Wisconsin. PJM serves mid-Atlantic states.

While some utilities have claimed that such "through-and-out" charges are unfair and hamper competition, FERC ruled that the two transmission operators will be allowed to continue charging fees to send electricity through their transmission lines from another operators lines.

FERC Judge Herbert Grossman made the ruling yesterday, although FERC commissioners can revise Grossmans ruling. The judge also noted that if FERC throws out such fees, a new fee should be instated in such a way as to not allow utilities to shift costs to ratepayers.

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