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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

Joint Venture to Build 45 Megawatt Pennsylvania Plant

LCG, July 27, 2000--Subsidiaries of Southern Union Co. and Energy East Corp. said yesterday that they had formed a joint venture to build and operate a 45 megawatt peaking power plant near Scranton, Pa.

PEI Power Corp. and Cayuga Energy Inc. will build the natural gas-fired merchant plant at the site of PEIs 25 megawatt Archbald plant, a cogeneration facility that burns natural and landfill gases. Archbald currently produces 21 megawatts of power for the PJM Interconnection, a power grid serving areas of Pennsylvania, New Jersey, Maryland, Delaware and the District of Columbia.

" With this project, we are pleased to announce that PEI Power II will triple the output capacitycurrently produced at the Archbald site," said Vincent A. Bonaddio, president of PEI Power Corp., the Southern Union subsidiary.

Cayuga Energy, the Energy East unit, will be general manager of the joint venture, operating as project manager for engineering and construction, and will also manage fuel procurement and electricity sales.

The new project has received the necessary permits and approvals, and is expected to be in service in May 2001.

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