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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

Progress Energy Declares New Facilities Operational

LCG, June 2, 2003--Sunday marked the official start of operations for two new power plants constructed by Progress Energy, and located in Georgia and North Carolina.

The Rowan County Energy Complex, in Rowan County, NC, is a combined-cycle plant rated at 925 megawatts. Its three simple-cycle turbines, which account for 459 megawatts, began producing power one year ago. The Washington County Energy Complex consists of four combustion turbines of 150 megawatts each. It and the Rowan plant run on natural gas.

"We are very pleased with the support we have received from the people of Sandersville and Salisbury throughout construction. We are proud to be part of both of these communities, and to be adding efficient energy resources for these two regions," said Joel Kamya, a vice president for Progress Energy's Plant Construction unit. Progress Energy owns 23,000 megawatts of power production capability, and owns electric power utilities in the Carolinas and Florida. It also is engaged in unregulated power sales and marketing, as well as natural gas drilling.
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