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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

Geothermal Project Nears Full Operations

LCG, March 13, 2009--Raser Technologies Inc. plans to start delivering 7 MW of electricity next week from its new geothermal facility in Utah to the City of Anaheim, California. The plant output is expected to increase shortly up to 10 or 11 MW.

The power plant facility constructed in southwestern Utah. The system is designed for relatively small temperature differentials, which increases the potential locations that can be developed across the country.

Water is heated by geothermal energy underground, and the energy is transferred to a refrigerant, with the water reinjected underground. The facility uses an organic Rankine cycle-based power system with refrigerant, rather than steam, to generate power in a closed system that has essentially no emissions.

The facility uses 50 modular units provided by UTC Power, a division of United Technologies Corp. The facility was constructed in just over a year.
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