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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

Washington State Storm Cuts Power

LCG, Oct. 29, 2003--Power was cut to over 100,000 electricity customers in Washington state, due to a storm that packed high winds on Tuesday.

The area affected included the Snohomish County Public Utility District, as well as north Seattle, and the counties of Skagit and Island. The latter counties are served by Puget Sound Energy. During the worst part of the storm, 82,000 customers lost power in Snohomish County PUD territory, and ferry travel was suspended on two routes and delayed on another.

Damage to buildings and equipment was sustained from the impact of 70 mph winds, which resulted from a cold front. Dust was a factor in a 30-vehicle accident on a state highway, although no fatalities were reported. The cold front could cause fruit still unharvested from orchards to be lower in quality, and might affect the yield from next year's harvest as well.
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