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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

Fitchburg G&E Asks Massachusetts for Rate Hike

LCG, May 29, 2001--Fitchburg Gas & Electric Light Co. subsidiary has asked Massachusetts regulators for authority to increase electric rates to compensate for higher purchased power costs, the utility's parent holding company said Friday.

FG&E asked the Massachusetts Department of Energy and Telecommunications for permission to increase its standard offer service rates. Standard offer service is provided to customers who have not switched to a competitive service provider under the state's deregulation scheme.

When Massachusetts deregulated its electric industry, it created standard offer service for customers of record on March 1, 1998 who either could not switch or chose not to. Another form of service, electric default service, was created for customers who moved into a utility's service territory after March 1, 1998, or who had switched and them switched back to FG&E. Default service customers get power at market rates, without a markup being applied by the utility.

Because standard offer service rates have been below market rates, about 80 percent of FG&E customers get that service. The requested rate hike would result in an increase of between 9 and 13 percent, but the new rates would still be less than the market rate, according to utility spokeswoman Stephanye Schuyler.

If the increase is granted, a typical residential customer using 500 kilowatt-hours of electricity per month will see an increase of $6.15, or 9.3 percent. The rate hike would go into effect on July 1.

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