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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

AES Proposes 510 Megawatt Long Island Plant

LCG, Nov. 30, 2002--AES Corp. said yesterday that it is in negotiations with the Long Island Power Authority to build a 510 megawatt power plant to help ease possible electricity shortages facing more than a million customers in Nassau and Suffolk counties in New York.

"We've had some discussions with LIPA to build a power plant on Long Island. Those discussions are now becoming more serious," said Dan Rothaupt, an AES official.

The proposed plant would be built at either of two Suffolk County sites -- one in Smithtown or the other in Yaphank. "Sometimes there's a problem building a plant at one site. We're proposing two sites so we have a backup," said Rothaupt, who stressed "We're only looking to build one plant."

Last month, LIPA Chairman Richard Kessel said "Long Island cannot afford to go through another summer without adding a significant amount of new on-island generating capability."

In the past two years, more than 9,000 megawatts of new generation has been proposed for long island, but so far, only 44 megawatts of new capacity has been put into service.

In a filing with the New York Independent System Operator, AES proposed an in-service date of 2005 for the new plant.

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