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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 Selects GE Hitachi's ESBWR

LCG, June 18, 2008--Detroit Edison (DTE) selected GE Hitachi Nuclear Energy's Economic Simplified Boiling Water Reactor (ESBWR) design for a new nuclear reactor that may be constructed at DTE's existing Fermi-2 power plant site in Michigan.

DTE notified the Nuclear Regulatory Commission (NRC) that it intends to use the ESBWR in its submittal of a combined construction and operating license (COL) application this fall.

DTE has not committed to develop a new reactor; however, it is considering the opportunity and must submit an application prior to year-end to be eligible to receive federal financial incentives set forth in the Energy Policy Act of 2005.

The ESBWR design, which has a design capacity of 1,520 MW, has also been selected by Exelon, Dominion, and Entergy.


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