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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

Chevron to Increase Capacity at Sabine Pass LNG Terminal

LCG, December 2, 2005--Cheniere Energy, Inc. announced yesterday that Chevron Global Gas, a unit of Chevron Corporation, has exercised itsoption to increase capacity to 1 Bcf/day at Cheniere's new Sabine Pass Liquefied Natural Gas (LNG) terminal. The terms of the original agreement, executed in November 2004, provided for 700 MMcf/day of capacity over a 20-year period to begin no later than July 2009.

The Sabine Pass LNG Terminal is being built near Sabine Pass in Cameron Parish, Louisiana. Construction on the LNG facility began in March 2005.

The LNG terminal will receive LNG tankers and vaporize the LNG into natural gas, which will then be transported into the transmission pipeline network serving much of the Central and Eastern United States. The terminal is designed with a sendout capacity of 2.6 Bcf/day in the first phase, which is scheduled to commence operations in 2008.

In July 2005, Cheniere filed with the Federal Energy Regulatory Commission (FERC) a second phase for the project that would increase the sendout capacity of Sabine Pass LNG Terminal to 4 Bcf/day. According to Cheniere, the expansion could open between 2009 and 2010.

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