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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

CMS Energy Drops Speculative Trading Business

LCG, June 27, 2002--The utility holding company CMS Energy Corp. is reducing the size of its energy marketing unit, eliminating 50 positions as well as all speculative energy trading.

Other parts of the marketing business unit will be sold, including an energy performance contractor, CMS Viron, and the company's stake in Centennial Pipeline LLP, which deals in refined petroleum products. Asset sales have allowed CMS to raise $2.4 billion, out of a planned $2.9 billion.

CMS' energy trading division provided $7 million of $96 million overall net operating income during the first quarter, according to the company.
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