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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

Korean Union Members Strike Against Privatization

LCG, March 8, 2002-A thirteen hour talk with Korea Electric Power Corporation (KEPCO) failed to progress as over 5,000 union members continue an illegal strike.

Workers at the South Korean monopoly fear for their jobs as the country prepares for privatizing power. The illegal strike is in its twelfth day, and warrants have been issued for union leaders, although police have made no arrests yet.

Labor Minister Bang Yong-seok said that the government will privatize regardless of strikers and sees "zero possibility to change this policy." KEPCO, having been split into six pieces, plans to sell of all but the sixth part, which leaves nuclear and hydroelectric power to the state.

1,000 temporary workers have been hired, but union leaders refuse to back down. If the government goes through with privatization, the Korean Confederation of Trade Union, consisting of some 600,000 members, says it will join in a sympathy strike.

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