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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

DTE Asks FERC to Suspend its RTO Rate Change

LCG, Sept. 12, 2001--The International Transmission Co. subsidiary of DTE Energy Co., said yesterday it has filed a motion with the Federal Energy Regulatory Commission to suspend the effective date of its "innovative transmission rates" pending a re-filing by the Midwest Independent System Operator Inc. The innovations were not disclosed.

Earlier this month, DTE said it would withdraw from the Alliance regional transmission organization in favor of the Midwest ISO.

"In our previous position as members of the Alliance we filed our own innovative rate request because the Alliance RTO had not yet developed a structure to support such a filing," said Joseph Welch, ITC president. "However, as members of the MISO, a more developed structure exists with an advanced architecture which allows the MISO to file and support innovative rate making such as that sought by the ITC."

Welch sort of explained, "These innovative rates are intended to attract the capital necessary to implement infrastructure improvements to the regional transmission grid, allowing electricity to be successfully imported into the peninsular State of Michigan."

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