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News
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LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.
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LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.
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Industry News
Governor of Rhode Island Calls for 600 MW of Additional Offshore Wind Energy
LCG, October 29, 2020--The Governor of Rhode Island announced this week that the state will issue request for proposals (RFP) to procure up to 600 MW of new offshore wind energy. A draft RFP will be developed by National Grid this fall, with oversight by the state Office of Energy Resources. If approved by the Public Utilities Commission, a final RFP is anticipated to be issued to the marketplace in early-2021. Any contracts for offshore wind projects resulting from this RFP process will also require separate regulatory approvals.
The Governor stated, "In the face of global climate change, Rhode Island must drive toward a cleaner, more affordable and reliable clean energy future. It is critical that we accelerate our adoption of carbon-free resources to power our homes and businesses, while creating clean energy jobs. In January, I set a nation-leading goal for Rhode Island to meet 100 percent of its electricity demand with renewables by 2030. Offshore wind will help us achieve that bold, but achievable goal, while creating jobs and cementing our status as a major hub in the nation's burgeoning offshore wind industry."
Rhode Island is home to North America's first operational offshore wind farm, Block Island. In 2019, the 400 MW Revolution Wind offshore project received approval from the state. (The Revolution Wind project is designed to provide 400 MW to Rhode Island and 304 MW to Connecticut.) As of the second quarter of 2020, Rhode Island counted 933 MW of renewable energy in its portfolio, representing a nine-fold increase since 2016.
The Governor's Executive Order, signed in January, directs the Rhode Island Office of Energy Resources (OER) to conduct economic and energy market analysis and develop viable policy and programmatic pathways to meet 100 percent of the state's electricity demand with renewable energy resources by 2030. The OER's analysis is to consider how acceleration of the state's renewable energy supply can leverage market competition to reduce ratepayer costs and energy price volatility while creating economic development opportunities in the state. The OER is to provide the Governor with an action plan to achieve the renewable energy goal by December 31, 2020, and the plan is to include recommended programmatic, legislative, and/or regulatory initiatives that can be advanced beginning in 2021.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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