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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

FERC Approves Sierra Pacific-Portland General Combo

LCG, Nov. 22, 2000--The Federal Energy Regulatory Commission yesterday approved unanimously the application by Sierra pacific Resources Corp. to acquire Portland General Electric Co. from Enron Corp.

"FERC approval is a major milestone in Sierra Pacific's actions to acquire PGE," said Walter M. Higgins, chief executive. "This is a significant event for us, as well as for all of our customers, who will benefit from the efficiencies and combined success of merging our two companies."

Sierra Pacific said it has already obtained approval from the Oregon Public Utilities Commission and the U.S. Department of Justice. The only remaining approval must come from the U. S. Securities andExchange Commission, under the Public Utilities Holding Company Act. The transaction is expectedto close during the first quarter of next year.

In November 1999, Sierra Pacific announced its intent to acquire PGE, a utility serving about 720,000 electric customers in northwest Oregon.

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