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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

AEP's Systems Prevented More Ohio Blackouts

LCG, Sept. 3, 2003--A senior manager at AEP, which owns the utility to the south of the FirstEnergy territory in Ohio, told a group of financial analysts that AEP's transmission connections to FirstEnergy were severed automatically, averting blackouts in the southern part of the state.

Henry Fayne, the executive directory of energy delivery for AEP, did not know why, as transmission lines in other areas experienced fluctuations in the amount of power they needed to carry, similar systems did not perform in the same way. Michigan's Detroit Edison experienced the loss of service to its entire customer base as failures spread north. International Transmission Co. manages the grid across which power flows to those customers.

Testimony from AEP officials will be given tomorrow at a Michigan Senate hearing, at which legislators may ask why no communications went from AEP to others concerning its preventive actions. Fayne noted that disconnecting AEP from FirstEnergy required no manual interventions, and called AEP's experience "in some perspectives a success story."
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