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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

Perry Nuke Coasts Down to Refuel;Posts 98.2 Percent Capacity Factor

LCG, Feb. 16, 2001First Energy Corp.'s Perry nuclear power plant was reported at 87 percent of capacity this morning in the Nuclear Regulatory Commission daily plant status report. The reactor is coasting down to a refueling outage after running for 655 days at a capacity factor of 98.2 percent.

Perry was on-line for all but 11 of those 644 days and during the period ran off its longest continuous run a stretch of 399 days.

During the refueling outage, workers will replace a turbine rotor, which will be the final step in boosting the plant's output from 1,250 megawatts to 1,320 megawatts. About 1,000 workers will also attend to replacing more than a third of the reactor's fuel assemblies and performing other maintenance and repair operations that require a cold plant.

"Our work schedule is ambitious, but I am confident our employees will meet the challenge," saidJohn Wood, site vice president at Perry. "We expect to complete some 7,500 maintenance activities during the refueling to help continue strong operations until our next refueling in 2003."

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