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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

Teco Plans Power Plant Fueled by Gas from Petroleum Coke

LCG, Nov. 17, 2000--Teco Power Services Corp., an affiliate of Tampa Electric Co., said yesterday it plans to build an 850 megawatt power plant in Lake Charles, La. The facility will be built next door to a Citgo Petroleum Corp. refinery and be fueled by gas produced from petroleum coke.

Under a memorandum of understanding between Teco and Citgo, the oil company will supply the power plant with petroleum coke, a byproduct of the oil refining process. Teco will convert the coke to gas using a gasification process developed by Texaco Development Corp. The power plant will also burn excess refinery fuel gas.

The power plant will use 180 megawatts of its own power to operate the gasification process and sell the remaining 670 megawatts into the regional wholesale power market, the company said. Steam from the power plant will be used by Citgo to generate electricity in its own plant for refinery use.

As part of the deal, Texaco has the right to take a 50 percent ownership in the project. Citgo is a subsidiary of government owned oil monopoly Petroleos de Venezuela.

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