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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

Perry Nuke Completes Best-ever Refueling in 34 Days

LCG, March 26, 2001--First Energy Nuclear Operating Co. said Friday that operators at its Perry nuclear power plant had returned the facility to service that morning, completing the shortest refueling in the plant's 13-year history.

First Energy said the refueling was done in 34 days, shaving three days off the previous best of 37 days set in May 1999. The 1,320 megawatt reactor was operating at 29 percent of capacity this morning, according to the Nuclear Regulatory Commission's daily plant status report. First Energy said output would be gradually increased to 100 percent over the next week or so.

During the outage, major work included replacing 304, or about 40 percent, of the plant's 748 fuel assemblies. The new fuel assemblies are equivalent to more than 75,000 train carloads of coal, the company said. One of the turbine rotors also was modified, allowing for increased power output of 5 percent.

"Our employees met the challenge of safely completing an ambitious work schedule," said JohnWood, site vice president at Perry. "Our team did the right work at the right time to help ensure Perryremains a top performer in the areas of safety and operations."

During its last cycle of 655 days, Perry missed only 11 days' work, posting a 98.2 percent capacity factor.

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