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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

Maryland’s Cove Point to Receive Liquified Natural Gas Deliveries

LCG, September 9, 2003Tractabel LNG North Americahas agreed to deliver 36 million MMBtu, or about 34billion cubic feet, of liquefied natural gas per yearto Statoil Natural Gas LLC at the Cove Point facilityin Maryland.

Cove Point was reactivated this August as thethird open access liquefied natural gas (LNG)terminal in the United States. Cove Point will beginreceiving LNG October 1, 2003, and most supply isexpected to come from Trinidad.

Statoil Natural Gas LLC will receive 40 percent ofits capacity rights by this arrangement, and TractabelLNG will supply the company for 3 years.

Tractabel LNG North America, based in Houston, isa subsidiary of Brussels-based Tractabel Electricityand Gas International.
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