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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

PSE&G Reaches Preliminary Agreement with New Jersey BPU for Solar Investments

LCG, May 1, 2013--Public Service Electric & Gas (PSE&G) announced yesterday that it reached a preliminary agreement with New Jersey Board of Public Utilities (BPU) to invest up to $446 million in solar projects over three years.

The settlement for solar power investments requires full board approval, and a decision is expected by the end of May. The New Jersey Division of Rate Counsel stated it will oppose the agreement based upon its belief that there are inadequate safeguards to limit utility spending and that the 10-percent return PSE&G would receive is too high.

Under the agreement, PSE&G would spend $247 million on 42 MW of solar generating capacity located on brownfield sites (including landfills), plus 3 MW of smaller projects. In addition, PSE&G would invest up to $199 million on 97.5 MW of new solar generation via a loan system.

In addition to providing renewable power, the investment to develop solar power is also said to be a means to improve reliability in the wake of Hurricane Sandy.
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