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ERCOT Announces Organizational Changes to Promote Grid Reliability, Rapid Demand Growth, and Innovation

LCG, December 12, 2025--Today, the Electric Reliability Council of Texas, Inc. (ERCOT) announced strategic organizational changes designed to accelerate innovation, strengthen grid reliability, and support the unprecedented growth in the demand for electricity across Texas. To meet these objectives, ERCOT created two new organizations: Interconnection and Grid Analysis, and Enterprise Data and Artificial Intelligence (AI). The two organizations will formally launch in January 2026.

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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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Industry News

Connecticut Ruling Threatens Con Edison-Northeast Merger

LCG, Oct. 24, 2000--Consolidated Edison Inc. said yesterday that failure by Connecticut regulators to ease restrictions upon which approval of the company's merger with Northeast Utilities is conditional could torpedo the deal.

Con Edison agreed last year to acquire Northeast, New England's larges electric utility, for $3.29 billion in cash and stock. The deal would create a utility holding company serving around 6 million customers, larger than Exelon Corp. which was formed by the merger of Peco Energy Co. and Unicom Corp.

In a decision released last week, the Connecticut Department of Public Utility Control made some minor changes from a draft decision objected to earlier by the two utilities, but failed to make it any more palatable, Con Edison said in a statement.

In its statement, Con Edison said without elaboration "Unless this order is substantially modified, it so significantly changes the economic effects and risks of the merger that it calls into serious question whether the transaction will be completed."

Among things in the draft decision the utilities objected to was a requirement that merger-related savings be passed on in large part to customers and a restriction on how much profit from the new holding company's Connecticut operations could be paid to the parent company. In addition, the regulators had asked for a 3 percent rate cut in Connecticut.

Con Edison, in its statement, said the companies "will reserve final judgment until we are able toassess the full effect of the final regulatory actions."

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