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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

Cinergy Unit Plans 330 Megawatts for Virginia

LCG, Dec. 15, 2000--Cinergy Corp. said yesterday that its Cinergy Capital & Trading Inc. subsidiary is considering development of a 330 megawatt natural gas-fueled power plant in an industrial park in Martinsville, Va.

The project would consist of four combustion turbines operating in simple-cycle as a peaking plant. Cinergy said the facility would cost between $150 million and $180 million to build. It would use "enhanced silencing equipment" to reduce noise, the company said.

"We are very interested in the Martinsville location as a potential site," said Art Vivar, vice president for business development. "We are familiar with Martinsville through their involvement in the Blue Ridge Power Agency to which we provide power, and we are very appreciative of the assistance we have received from the mayor and city administration in reviewing sites for possible development."

Under a preliminary construction schedule, work at the site would begin in the fall of 2002 with anexpected completion date of the summer of 2003. A 35-year-oldfour-inch natural gas pipeline would be replaced with a larger 16 to 20-inch pipeline that meets allcurrent safety standards to provide gas for the facility and to increase the supply of gas available inthe Martinsville area. The plant would tie into an existing electric transmission line at the industrialpark.

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