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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

Entergy to Contest AmerGen for Vermont Yankee

LCG, Nov. 29, 2000--Entergy Corp. has asked the Vermont Public Service Board to entertain a new bid for the 510 megawatt Vermont Yankee nuclear power plant, despite a prior agreement that would allow AmerGen Energy Co. to purchase the facility.

Rob Williams, a spokesman for Vermont Yankee Power Corp. which operates the plant, said his company couldn't act "in good faith" on any Entergy offer because "We have a signed agreement with AmerGen."

Entergy Nuclear said in a letter late Monday it had been following the Vermont Yankee hearing "with great interest" and want to make an improved offer over its bid which lost out to AmerGen's $23.5 million offer in October 1999.

When Entergy and AmerGen began buying used nuclear power plants they could be had for the value of fuel on hand, but the recent acquisition by Entergy of the Indian Point 3 and FitzPatrick plants from the New York Power Authority has raised the ante.

AmerGen saw Entergy's most recent move coming and last week more than tripled its offer for Vermont Yankee to more than $93 million. The Public Service Board, which has not yet ratified AmerGen's deal with Vermont Yankee Power corp., said it wanted only to get the best deal for the people of Vermont.

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