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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

Transformer Fire Shuts Down Brunswick Unit 2

LCG, Sept. 22, 2000A fire in the main transformer of Unit 2 of the Brunswick nuclear power plant caused operators of the 820 megawatt reactor belonging to Carolina Power & Light Co. to shut down the facility at 3:46 this morning.

The plant's fire brigade extinguished the fire within 16 minutes, CP&L said, adding that the fire department from nearby Southport was called as a backup but was not needed.

The damaged transformer will require replacement, and the reactor will be taken to cold shutdown as a consequence. CP&L did not say how long it would take to replace the equipment. The company said it reported the incident to the Nuclear Regulatory Commission as an "Unusual Event," the lowest of four classifications used by the NRC for events at commercial nuclear power plants.

Brunswick Unit 1 continued to operate at 100 percent of capacity at the two-unit plant located at Cape Fear on the North Carolina coast.

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