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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

Florida Power Selects 'Self-Build' for Next Hines Unit

LCG, June 7, 2002--After Florida Power reviewed proposals from seven companies and its own proposal for building 540 megawatts of new generation, the utility selected its merchant energy unit's bid.

The new construction, which would need to meet the test of demonstrated need according to the Florida Public Service Commission, would add capacity in December 2005, if project plans are followed.

Bill Habermeyer, president and CEO of Florida Power, said, "Florida Power is committed to providing an ample supply of reliable energy to our customers at the lowest possible cost. As part of Progress Energy, we are part of one of the largest generators of electricity in the U.S., and building low-cost and efficient power plants is something we do very well."

A group of merchant energy companies that have bid on such projects, including this one, had complained that Florida Power and Florida Power & Light, the other large utility in Florida, have yet to select bidders other than themselves for new generation projects. In May, the Public Service Commission voted to examine the bidding process for energy projects.

The first combined-cycle unit to begin operating at the Hines Energy Complex in Polk County came on line in 1999. A second is now underway, and should be completed by 2003, according to the company.
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