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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

China Will Use Gas from Australia and Indonesia

LCG, August 12, 2002-China will obtain $1 billion in liquefied natural gas (LNG) annually from Australian and Indonesian sources, as announced last week Thursday.

China chose British Petroleum, which controls the Tagguh gas field along with Indonesian partner Pertamina, to supply an as-yet-unconstructed LNG terminal in Fujian, a southern Chinese province. No specific financial amounts have been reported, but it is estimated that the contract is for $500 million annually.

The Australian consortium ALNG has also reportedly signed a 25-year contract with China. The gas, 3 million tons a year, will be used to power the southern province of Guangdong via an already-constructed LNG terminal. In 2008 the annual supply will increase to 5 million tons.

ALNG includes Woodside Petroleum, BHP Billiton Petroleum, BP Developments Australia, Chevron Texaco Australia, Shell Development Australia, and Japan Australia LNG. According to Australia's Prime Minister John Howard, the agreement is the largest individual export contract Australia has made.

The contracts are an indication of China's deliberate shift from coal to other energy sources, a noteworthy decision for a country which has a history of strong if perhaps dogmatic self-sufficiency.

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