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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

NRC Renews Operating Licenses for Dominion's Millstone Units

LCG, November 29, 2005--The Nuclear Regulatory Commission (NRC) renewed the operating licenses for Dominion's Units 2 and 3 at the Millstone Power Station in Connecticut. The renewal adds 20 years to the operating licenses, extending the lives of Units 2 and 3 to July 31, 2035, and November 25, 2045, respectively. Unit 1, which, commenced commercial operations in 1970 and ceased operations in 1998, is in the process of being decommissioned.

The NRC conducted a review process, which included safety and environmental issues, that spanned nearly two years.

The combined electric generating capacity of the two units is approximately 2,020 MW, which is sufficient to provide for nearly half of of Connecticut's electricity needs. Dominion acquired Millstone in 2001.

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