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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

Court Ruling Allows We Energies' Oak Creek Project to Proceed

LCG, June 29, 2005--Yesterday the Wisconsin Supreme Court voted 4-2 to reverse a Dane County Circuit Court ruling that had blocked the construction of two, 615-MW coal plants. With the new ruling, We Energies plans to proceed rapidly towards construction.

Dane County Circuit Judge David Flanagan had ruled last November that the Wisconsin Public Service Commission's (WPSC) approval of the Oak Creek project violated state statutes and that the WPSC must restart the approval process. The PSCW approved the construction of the project in November 2003. The project, estimated to cost $2.15 billion, includes two, supercritical pulverized coal units and would be the largest coal plant in Wisconsin.

The project was opposed in court by Clean Wisconsin Inc. and S.C. Johnson & Sons Inc. These opponents are also challenging three state permits which the plant needs to operate, including a lawsuit with the Dane County Circuit Court that challenges the Wisconsin Department of Natural Resources' air pollution permit and one for the cooling system, which was an item of dissent among Supreme Court justices.

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