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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

LS Power Announces New PPA for Arkansas Coal Project

LCG, December 6, 2006--Plum Point Energy Associates, LLC ("Plum Point") announced yesterday that it has signed a 50-MW, 30-year power purchase agreement (PPA) with Missouri Joint Municipal Electric Utility Commission ("MJMEUC").

The Plum Point Project is a greenfield, coal-fired power project with a design electric generating capacity of 665 MW. The new agreement provides MJMEUC electricity from the project, which is located near Osceola, Arkansas. Project construction began in March of this year. Commercial operations are scheduled to commence in mid-2010.

Plum Point announced in August that it had signed a 200-MW, 30-year PPA with South Mississippi Electric Power Association. LS Power also states that it has a 30-year PPA with The Empire District Electric Company and that a significant portion of the project's output has now been sold under long-term contract or through tenancy in common interests.

Plum Point is a a member of the LS Power Group. On September 15, 2006, the LS Power Group and Dynegy, Inc. announced a merger transaction involving certain assets of the LS Power Group, including the Plum Point Energy Station, and Dynegy, Inc.'s assets.






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