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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

UK's BG to Buy Enron India Oil and Gas Assets

LCG, Oct. 3, 2001--British natural gas producer BG Plc said this morning it had agreed to buy Enron Corp.'s oil and gas assets off India's west coast for $388 million to complement its Indian interests in gas distribution and liquefied natural gas.

Enron's Dabhol Power Co. is not part of the deal, though Dabhol's 2,184 megawatt power plant is fueled by LNG obtained under a long-term agreement from Qatar.

Enron Oil and Gas India Limited has a 30 percent interest in the Tapti and Panna Mukta fields north west of Bombay, and a 62.4 percent interest in the CB-OS/1 exploration license off the state of Gujarat. The Enron unit is operator of the concessions under agreements with its joint venture partners.

In addition to regulatory approvals, the sale of Enron's assets would require confirmation that Enron Oil and Gas India would continue as operator of the fields under BG's ownership. However, the state-run drilling company ONGC, which has a 40 percent stake in Tapti and Panna Mukta, has indicated it wants to take over operation of the fields.

On learning of Enron's interest in selling its interests in the fields, ONGC expressed interest in boosting its ownership to 70 percent.

BG has LNG import facilities under development in western India. David McManus, the company's executive vice president with responsibility for India, said yesterday "What this additional gas will do is create the marketplace in advance of LNG imports coming in behind it and in fact will fill the supply deficit that currently exists."

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