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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

Terrorist Threat Could Scuttle Maryland LNG Plant

The Federal Energy Regulatory Commission on Friday met with state and local officials to discussnational security concerns connected with restarting a liquefied natural gas plant near the Calvert Cliffs nuclear power plant in southern Maryland.

Last month, FERC gave permission to The Williams Cos. to reopen and expand the company's Cove Point liquefied natural gas plant despite concerns that the facility could be subject to sabotage that would threaten a nearby nuclear plant owned by Baltimore utility Constellation Energy Group.

Massachusetts officials shut down an LNG terminal in Boston following the September 11 attacks on the World Trade Center and the Pentagon. Officials feared an LNG tanker entering Boston harbor could be subject to sabotage, causing massive damage.

Democrat Sen. Barbara Mikulski of Maryland had demanded that FERC reconsider its approval order from last month. "You must carefully consider the fact that the Cove Point facility is within 3.5 miles of the Calvert Cliffs nuclear power plant and the ships that carry liquefied natural gas from Algeria or other countries will be under foreign flag with foreign crews," Mikulski said in a letter to FERC.

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