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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

Nine Mile Point 2 Shuts Down for Maintenance

LCG, Feb. 26, 2001Niagara Mohawk Power Corp. took its 1,148 megawatt Nine Mile Point 2 nuclear power plant near Oswego, N.Y. out of service yesterday for scheduled maintenance expected to last a week.

None of the work involves the reactor itself, the company said. During the outage, improvements will be made to the electric transmission switchyard adjacent to the plant and to an indicator that shows the position of a flow control valve in the reactor's recirculation system.

Niagara Mohawk operates Nine Mile Point 2 and owns 41 percent of the facility. Other owners are New York State Electric & Gas Corp. with 18 percent, Long island Power Authority with 18 percent, Rochester Gas & Electric Co. with 14 percent and Central Hudson Gas & Electric Co. with 9 percent.

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