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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

E·on Boosts Ruhrgas Stake to 34 Percent

LCG, Nov. 1, 2001--Big German utility Eon has increased its stake in Ruhrgas, Germany's biggest natural gas importer and distributor, to about 34 percent with the purchase of a 23.6 percent interest in Bergemann, another large Ruhrgas shareholder.

Eon had already attracted the attention of the German Federal Cartel Office, which is investigating the company's earlier purchase of a 25.5 per cent stake in Ruhrgas.

The acquisition of a portion of Bergemann gives Eon 23.6 percent of that company's 33 percent interest in Ruhrgas, bringing Eon's effective interest in Ruhrgas to 33.9 per cent.

The Cartel Office is concerned about the possibility of market abuse by Eon because of its growing control of the largest German gas importer while it also is a large retailer of natural gas. Eon has about 35 percent of the German retail gas market through its ownership of municipal energy providers and stakes in Contigas and Thuga.

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