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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

Bankruptcy Judge Allows PG&E Lawsuits

LCG, June 19, 2002--Lawsuits under dispute because of PG&E utility's bankruptcy will be allowed to proceed in state court.

California's Attorney General Bill Lockyer, who has been filing energy company lawsuits repeatedly this year, and the city of San Francisco, want to sue PG&E utility's parent corporation, PG&E Corp.

San Francisco and Lockyer both question some $4 billion worth of dividends and stock repurchases which were transferred to the parent corporation between 1997 and April 2001.

The Pacific Gas & Electric utility, which filed for bankruptcy last year, is awaiting a decision by Judge Dennis Montali in order to proceed with reemerging from bankruptcy. The Judge has ruled that creditors to Pacific Gas & Electric will vote on two plans, created by the utility and the California Public Utilities Commission respectively, before making a decision.

Judge Montali has ruled, however, that the two fraud lawsuits brought against PG&E Corp. for alleged illegal business practices should be heard in state court.

While San Francisco wants the allegedly misplaced money to go to ratepayers, Lockyer thinks it should go to the bankrupt utility in order that it pay off its debts.

PG&E Corp. insists that all transactions it participated in were legal and verified by an independent auditor.

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