 The lake serves primarily as a power plant cooling pond for the Sim Gideon Power Plant operated by the LCRA and the Lost Pines Power Project 1, owned by GenTex Power Corporation, a wholly owned affiliate of the LCRA.Lake Bastrop also serves as a venue for outdoor recreation, including fishing, boating, swimming, camping and picnicking, and is maintained at a constant level year round.Approximately one quarter of the shoreline of the Lake is privately owned by the Capitol Area Council, Boy Scouts of America.