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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

German Nuke Shutdown Draws Fire from All Sides

LCG, June 11, 2001A deal between German Chancellor Gerhard Schrder and the German electric industry to phase out nuclear generation in the country was to be signed in Berlin this afternoon, but was drawing fire from both pro-nuclear and anti-nuke interests this morning.

And in the middle, some said the nuclear shutdown would take so long to accomplish that sentiments could change before even one nuclear plant was decommissioned.

Pro-nuclear forces contend that Germany, Europe's most populous state and strongest economy, will be unable to meet its commitments under the 1997 Kyoto global warming accords without nuclear generation of electricity. The generation from the nuclear plants, which provide a third of Germany's electric power, would be replaced by coal- and natural gas-fueled conventional plants.

Anti-nuke activists oppose the deal because there is no hard and fast timetable for the shutdown program.

The agreement between Schrder and four nuclear generators was reached yesterday when the last of the companies, Eon, agreed to the now-watered-down terms.

Eon chairman Ulrich Hartman thinks future German governments will unwind the deal, pointing out that "nothing in life is irreversible." Hartman told the daily newspaper Die Welt "I'm sure that nuclear energy will still play an important role in the future."

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