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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

Planned Restart of Ontario Nuclear Reactors Gains Momentum

LCG, July 12, 2006--The Canadian Nuclear Safety Commission (CNSC) last week accepted the Environmental Assessment (EA) for the project to-restart two nuclear reactors at the Bruce A Nuclear Power Station near Kincardine in southwestern Ontario. The CNSC determined the project would have no significant adverse effects to the environment.

The two, 750-MW nuclear units commenced operations in 1977 and were shut down in 1995 and 1997 by the prior owner, Ontario Power Generation (OPG). Approval from the CNSC will be required prior to loading the reactors with new fuel and commencing full operations.

With the EA accepted by the CNSC, the restart project will gain momentum.
The work on Units 1 and 2 is scheduled to be completed by early 2008. When the work is complete, Bruce Power plans to apply to the CNSC for licenses to refuel the units and anticipates the units will return to service in 2009.

Additional investments are planned to refurbish Unit 3 when it reaches the end of its operational life and to replace the steam generators in Unit 4. In total, it is estimated that Bruce Power will invest approximately C$4.25 billion.

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