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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

Constellation Peaker Construction Finished

LCG, June 21, 2002--The Florida-based Oleander gas-fired peaking plant owned by Constellation Power is no longer under construction, and is scheduled to go online this summer.

The plant is made up of four combustion turbines, one of which was contracted last summer to provide firm power to Florida Power & Light from 2002 through summer 2003, and another of which will was to do so through mid-2005. Part of the output has been sold to Seminole Electric Cooperative as part of a seven-year power purchase agreement beginning this winter.

The plant is located in Brevard County, near Cocoa.
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