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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

Russians Considering Gas Market Privatization

LCG, November 5, 2002On December 19 Russian officials will meet to discuss liberalizing the Russian gas market.

Deputy Minister for economic trade and development Andrei Sharonov has said steps need to be taken as the government monopoly OAO Gazprom has failed to increase efficiency and sell assets.

Liberalization is directly linked with Russias bid to enter the World Trade Organization and the country has said tariffs on domestic product may be increased by twenty percent as an initial move to close the gap between foreign and domestic gas prices.

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