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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

Midwest ISO Begins 45-day Market Test

LCG, Aug. 2, 2001--The Midwest Independent Transmission System Operator Inc. yesterday began 45 days of market trials, a series of validations and drills it hopes will demonstrate its ability to operate the first regional transmission system in the Midwest.

The Midwest ISO is expected to become operational this coming December 15, but first must show the Federal Energy Regulatory Commission that all necessary features are in place to ensure continuing reliable grid operations.

"With the help of our transmission owners we are beginning the readiness demonstrations that willtest all of our systems, from the initial point when transmission requests are made to the time whenthe bills are issued," said Michael J. Gahagan, chief information officer.

The ISO said it will conduct drills in the following operational areas: transmission market activities, tagging and scheduling, flowgate verification, transmission (operational) planning, security coordination, security response, outage scheduling, maintenance coordination, 24x7 operations and daily and monthly settlements and billing.

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