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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

Northern Illinois to Become Part of PJM in November

LCG, July 10, 2003--The planned October start date for Commonwealth Edison's participation in the wholesale electric power market as part of the Pennsylvania-Jersey-Maryland Interconnection has been pushed to November, according to the grid manager.

Stakesholder input led to the decision to delay the start, said Richard A. Wodyka, PJM's senior vice president. "PJM prides itself on an open, colaborative stakeholder process. Our members and state commissions have requested added time for participant readiness and we are being responsive to this feedback," Wodyka said.

PJM started to handle administrative aspects of transmission services for the part of ComEd's service territory within Illinois. PJM also was permitted to take control of ComEd's transmission assets by the Federal Energy Regulatory Commission. In February, it became responsible for reliability measures in the Illinois ComEd service area.
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