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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

480 Megawatt Peaker Planned for Chicago Area

LCG, Feb. 2, 2001--Mirant Corp., the former Southern Energy, said today it will build a 480 megawatt natural gas-fueled power plant in Rockdale, Ill., southwest of Chicago. The six-turbine peaking facility would begin commercial operation in 2003 or 2004, the company said.

"The Rockdale location is ideal because of its proximity to major power lines and a natural gassupply and the high demand for electricity from Chicago and surrounding cities," Richard Pershing, Mirant America's chief executive, said in the statement.

Mirant said the Rockdale plant is part of its effort to have 30,000 megawatts of generatingcapacity in the United States by 2004. The company said it currently has about 12,500 megawatts in the U.S., with another 7,000 megawatts under advanced development.

Despite the name change, Mirant is still 80 percent owned by The Southern Co.

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