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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

Taiwan Premier Will Quit if 4th Nuke Not Approved

LCG, Sept. 18, 2000Premier Tang Fei of the Republic of China said this morning that he strongly favors completion of Taiwan's fourth nuclear power plant and would resign if the project is scrapped.

Tang told legislators that he was not yet in a position to make a decision on whether to complete the plant and was expressing his personal views when he said the facility should be finished. He noted that the Economics Ministry and other government agencies have not yet issued their reports.

The premier said completing the plant made economic sense and was important to the continued economic development of Taiwan.

Though Tang will make the final decision of whether to complete the plant, he said he would resign if President Chen Shui-bian and the ruling Democratic Progressive Party did not agree with his position.

Chen has opposed the completion of the plant but said on Saturday that he would respect the conclusions of an expert commission evaluating the project under the auspices of the Economics Ministry.

Economics Minister Lin Hsin-i said that the plant, which is about a third complete, would cost around $3 billion if it was scrapped. About half of that could be recovered, he said, by selling the two reactors to Japan and using the fuel which has been contracted for at Taiwan's other nuclear power plants.

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