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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

NSTAR Transmission Upgrade Receives Approval from State

LCG, January 14, 2005--Yesterday the Massachusetts Energy Facilities Siting Board unanimously approved an earlier draft decision to accept NSTAR's proposal to construct a new, 345-kV electric transmission line designed to improve system reliability and capacity between generation facilities located in southeastern Massachusetts and Rhode Island, and loads in northeastern Massachusetts and the Greater Boston area.

The load area is now served by a single 345-kV line from the north, plus several low voltage line, and has limited options for competitively priced, electricity supplies.

The new, 18-mile, underground transmission line will extend from Stoughton to Boston and is estimated to cost $217 million. Project construction is planned to commence in early spring of this year, with the line in service by June 2006.

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