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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

Southern Unit Plans Increase in Europe Generation

LCG, Feb. 15, 2001Mirant Corp. said this morning at a company press conference in Berlin that it was seeking significant increases in generation capacity on the Continent by 2006.

"We plan to raise our European power generation capacity to 12,000 megawatts from currentlyaround 1,000 megawatts over the next five years," spokesman Markus Baluska said. "The expansion will be made through acquisitions and co-operation agreements with existing producers as well as through new plant projects."

Mirant has already placed orders for turbines for nine cogeneration plants with a combined capacity of about 3,500 megawatts. That equipment is scheduled to be delivered by early 2004.

Stefan Sprick-Schuette, chief of Mirant's German operations said the company was looking at Scandinavia, Germany, Switzerland and Italy.

Mirant is the inexplicable new name chosen for the former Southern Energy. It is still a subsidiary of The Southern Co.

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