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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

Enron May Bail Out of India, Paper Says

LCG, April 20, 2001Enron Corp., whose Enron India subsidiary is building a power plant that represents the largest foreign investment in India, is set to sell its interest in the Dabhol Power Company near Bombay, an Indian financial newspaper said this morning.

On Wednesday, Enron said it would meet in London on April 23 with lenders in the Dabhol project to bring them up to date in its ongoing dispute with the Maharashtra State Electricity Board, the state-owned utility that is Dabhol's only customer and is turning out to be something of a "payment impaired" consumer.

The Economic Times, an Indian newspaper, said this morning that the lenders will pressure Enron to sell out and get out.

The 740 megawatt first phase of the 2,184 megawatt project is complete and has been producing power since last year, with the rest of the plant due to go on line later this year. Since it first began delivering power to the MSEB, Dabhol has had trouble collecting its bills. It had to resort to invoking India's federal guarantee to get paid for last October, November and December and is now trying to collect its January bill.

Enron owns 65 percent of Dabhol, General Electric Co. and Bechtel Enterprises own 10 percent each, and the MSEB owns 15 percent. Under the original agreement signed in 1995 and modified in 1997, the MSEB was to purchase an additional 15 percent stake from Enron, but welshed on that deal and now says it doesn't need all that power, anyway.

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