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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

FPL Completes Virginia Power Plant Expansion

LCG, June 7, 2001--FPL Energy, a subsidiary of FPL Group of Florida, said this morning it has begun commercial operation of a 171 megawatt expansion at its Doswell power plant in Ashland, Virginia.

Doswell is a 708 megawatt combined-cycle, natural gas-fueled merchant plant. The 171 megawatt addition will operate in simple cycle as a peaking unit, FPL said.

"We're extremely pleased to be up and running our new peaking facility. We started this projectexactly one year ago and completed it right on schedule. The expanded capacity gives us greaterflexibility to meet the growing electrical power needs of our customers," said Manny Sanchez, FPL's Doswell plant manager.

FPL said the unit can be converted to a combined-cycle unit at a later time should market demandwarrant a future expansion.

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