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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

More Sarbanes-Oxley Rules Up for Discussion

LCG, January 2, 2003-The SEC intends to discuss additional rules under the already-passed Sarbanes-Oxley legislation, aimed at limiting the liability of companies not in compliance.

The Sarbanes-Oxley law, which was enacted on July 30, 2002, requires companies to have an independent audit committee and procedures for dealing with complaints over accounting.

The Securities and Exchange Commission will consider additional rules within Sarbanes-Oxley at a January 8 meeting. The Commission will discuss setting up guidelines regarding the listing of companies who fail to comply with the Sarbanes-Oxley law. The SEC may decide to prohibit the public listing of such companies.

The SEC is required to have such rules regarding public companies within 270 days of the law's adoption.

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