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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

Dynegy to Build 330 Megawatt Kentucky Plant

LCG, April 16, 2001Dynegy Inc. said this morning it planned to build a 330 megawatt simple-cycle peaking power plant adjacent to its 500 megawatt peaking project in Louisa, Ky. The new Foothills Generating Project will be constructed on the same 20-acre Big Sandy River site as the Riverside Generating Project.

"Our decision to develop the Foothills Generating Project was based on the rapidly growing demands of the wholesale energy market in Kentucky and the neighboring region," said Steve Bergstrom, president and chief operating officer. "In addition to representing further progress in our long-term strategy to expand our generation portfolio throughout the country, this project demonstrates the scalability of our existing assets."

Dynegy said it will sell the power generated at the plant in the wholesale electricity market to investor-owned utilities, electric cooperatives and municipalities throughout the East Central Area Reliability Council and other regions of the country. Commercial operation is expected to begin during the second quarter of 2002.

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