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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

FERC Survey to Determine Cooperation with Reporting Standards

LCG, Sept. 8, 2003--Two surveys will be conducted by the Federal Energy Regulatory Commission, one in October, and the next in March, to determine whether natural gas and electricity traders are conforming to voluntary guidelines established by the agency regarding price reporting to index publishers.

Buyers and sellers of gas and electricity in the cash market will be asked to respond to 20 questions that are meant to gauge the level of participation in price reporting, the detail with which trades are being reported, and company systems for circulation of such information beyond traders, to managers.

Comments on the surveys will be accepted through Sept. 17. Some index publishers have already submitted ideas about how more meaningful and accurate price indices can be developed. The departure of some companies from energy trading has impacted the volume of data reported, as has companies' wariness concerning possible investigations into alleged manipulation.
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