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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

Duke Unit to Buy Waste Management Power Plants

LCG, Nov. 2, 2000--Duke Energy Corp. said yesterday its Duke Solutions business unit has agreed to acquire eight independent power plants with a combined capacity of 244 megawatts from a subsidiary of Waste Management Inc.

Duke Solutions said it will invest approximately $100 million in the facilities, including purchase price and planned improvements, adding that expected revenues over the next 15 years could exceed $1 billion.

The assets to be acquired include cogeneration and renewable energy facilities in California,Pennsylvania, Maine and Florida that provide steam and chilled water under long-term contracts with industrial and institutional customers and long-term electricity under long-term electric sales contracts with several utilities.

Duke Solutions will own and operate the plants, calling on other Duke companies for services such as maintenance, commodity supply and risk management.

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