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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

600-MW CC Starts Operation in Wisconsin

LCG, June 10, 2004--A dual fuel combined-cycle plant built by Calpine Corp. in Beloit, Wisc., began operating on June 1 last week, with a capacity of 600 megawatts.

Most of the capacity of the Riverside Energy Center is under contract to Alliant Energy and Madison Gas & Electric Company, in amounts of 453 and 75 megawatts, respectively. Calpine owns two other power plants that serve Wisconsin customers, with its 450-megawatt Zion Energy Center and 460-megawatt Rockgen Energy Center. Another facility, the Fox Energy Center, is under construction in the town of Kaukauna.
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