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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 PSC Approves Agreement for New Biomass Plant in Florida

LCG, August 17, 2006--The Florida Public Service Commission (PSC) approved on Tuesday a petition for Progress Energy Florida (Progress) to buy energy produced by the Florida Biomass Energy Group, LLC (Florida Biomass) at a proposed 116-MW biomass plant located near Lake Okeechobee. The plant is scheduled to commence operations no later than December 2009.

The Florida PSC recently certified Florida Biomass as a qualifying facility (QF) based on the exclusive use of renewable energy, after start-up, for the proposed electric generation.

The renewable fuel for the proposed plant is a bamboo-like grass known as E-grass. The energy crop would be harvested at the 15,000 acre site and processed into a liquid fuel using a pyrolysis process. The plant will use combustion turbine-combined cycle technology, and the thermal fuel input will include combustible exhaust gases from the pyrolysis process.

When the negotiated contract was compared to a gas-fired, combined cycle alternative, Progress estimated the capacity and energy payments over the 25-year term of the negotiated contract would produce a savings of $39 million net present value to Progress's ratepayers. The majority of such savings are based on fuel costs.

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