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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

SoCal Edison Gets Two More Days to Pay Cal-PX

LCG, Jan. 17, 2001The Federal Energy Regulatory Commission, acting on a request from the California Power Exchange, voted late yesterday to give Southern California Edison Co. two more days to pay $215 million it owes the state agency for electricity purchases.

While not exactly an agency of the state government, Ca-PX was set up by legislation restructuring California's electricity market as a market through which all wholesale power purchases in the state were required to be made. It is considered a major fly in the ointment of deregulation in the Golden State.

FERC Chairman James Hoecker said California should use the two days to come up with a plan to solve its power crisis.

"I remain hopeful that California officials will use the 'breathing room' offered by today's order to make whatever painful decisions are necessary to avoid greater pain by California ratepayers," Hoecker said in a statement that accompanied the order.

"There should be some commitment by the State of California and its leadership to stop the financial bleeding of its utilities and to ensure that, on a going forward basis, the accounts receivable of those providing energy to California will not increase further," Hoecker said.

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