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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

Mirant Buys Two Southeast Power Projects from El Paso

LCG, Oct. 23, 2001--Mirant Corp. said this morning it has completed the acquisition of two power plants located in Georgia and Florida from El Paso Corp.

"With this closing, Mirant successfully enters two markets that are key to our Southeast strategy," said David Rozier, chief executive of Atlanta-based Mirant's southern U.S. operations. "Georgia and Florida both provide significant growth potential and we look forward to continued expansion in these states."

Mirant acquired from El Paso a 640 megawatt natural gas-fired power plant in Thomaston, Ga., that has been in operation since June of last year, and a 480 megawatt natural gas-fired plant in New Port Richey, Fla., north of Tampa, Fla., which is scheduled to begin commercial operation in March of next year.

Clark C. Smith, president of El Paso Merchant Energy North America, said the sale "complements our recent acquisition of power facilities in Pennsylvania and Florida." He added that El Paso "will continue to pursue greenfield power development and acquisition opportunities in strategic locations across North America."

Mirant said it will provide power from both plants to customers under a variety of power purchase agreements, helping to meet substantial existing and future demand in both states.

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