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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

Fire During Restart Shuts San Onofre Nuke

LCG, Feb. 5, 2001The San Onofre Unit 3 nuclear power plant belonging to Southern California Edison Co. shut down automatically yesterday when a fire erupted in an electrical switching room.

The 1,120 megawatt reactor, which had just been restarted after completing a refueling outage begun January 2, was increasing power when the fire occurred. No radiation was emitted and no one was injured in the mishap, according to Ray Golden, a spokesman for the utility.

During the automatic shutdown called a "trip" all systems functioned properly. "Everything did exactly as it was designed to," Golden said.

The fire broke out 12 hours into the restart process, when the reactor was at about 40 percent of full power. Firefighters extinguished the blaze in about 30 minutes, Golden said, and the reactor itself was never endangered by the fire.

Investigations into the cause of the fire were continuing today and no estimate was available for how long repairs would take. Golden said the unit could be off-line for several weeks.

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