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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

Dominion Plans Clean Coal Plant for Virginia

LCG, June 14, 2001Dominion Resources Inc. said this morning that it would build a 450 megawatt "clean coal" power plant in Upshur County, Va., in partnership with coal producer Anker Energy Corp.

Under the partnership agreement, Dominion will build, own and operate the plant and Anker will provide all of the facility's fuel from on-site mining operations.

Dominion said the project represents a potential investment of $600 million in Upshur County. It would create more than 500 jobs during construction and 50 to 60 permanent, high-skill jobs at the powerstation. Between 25 and 30 permanent mining jobs would also be created when the station is operational.

The plant is intended as a merchant facility, selling its power into the PJM wholesale market. If federal, state and local permits are granted, the generating station could begin commercial operation in the fall of 2005, Dominion said.

The new plant is endorse by people in high places. West Virginia Governor Bob Wise said "This project is a model for that. Anker Energy and Dominion are going to provide an economic benefit, provide employment and contribute to solving our country's energy shortage. They're going to meet tough new standards for protecting the air."

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