EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

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.

Read more

ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

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.

Read more

Industry News

Calpine to Step Up Investment in California Power Projects

LCG, Nov. 22, 2000--Calpine Corp. said yesterday it would add more than 1,000 megawatts of capacity to California's power portfolio next summer and plans to increase its power development program in the state by more than 60 percent.

"Calpine is committed to California," said Calpine vice president Jim Macias. "In addition to our 4,700 megawatt energy program currently under way, Calpine expects to announce plans to develop an additional 3,000 megawatts of new capacity in California."

"In all, we have a program in place to build some 7,700 megawatts of clean, energy-efficient generation in and around California over the next five years, representing a $4 billion investment in California's energy market," he said.

That California Energy Commission study, reported on here yesterday, that predicts that there will be sufficient power in the state next summer, predicates its findings in part on the development of new sources of generation. Calpine says that's what the company is trying to do.

It isn't always easy. In its home town of San Jose, Calif., Calpine wants to build a 600 megawatt natural gas-fueled, combined-cycle power plant on some agricultural land on the wrong side of the Interstate. There are people living a couple of miles on the other side of the highway who think that's too close to home.

The Metcalf Energy Center is also opposed by Cisco Systems, which is building a campus nearby. "Campus" is what high-tech firms call their factories, and Cisco Systems' factory will employ 20,000 workers. Those employees will probably use 20 megawatts of power in their homes and another 20 at work, but Cisco Systems hasn't said where it will come from.

Calpine will get two new power plants on-line next summer -- their Sutter and Los Medanos projects will provide more than 1,000 megawatts of the power the Energy Commission is depending on to make its prediction come true. But the report also assumes voluntary reduction in peak demand, continued availability of imported power from outside the state, and continued operation of aging power plants.

Macias summed it up: "California's fundamental problem is an antiquated electric power infrastructure, which is threatening reliability," he said. "No major gas-fired generation has been built since 1972. In fact, approximately 80% of California's gas-fired plants are over 30 years old. As a result, this over-worked, inefficient generation base is frequently down for repair and maintenance. Currently, over 10,000 megawatts of needed capacity is off-line for this reason."

Macias also pointed out one other problem with the state's electricity structure imposed by the deregulation law enacted in 1996. "One of the key market flaws in California has been the inability of utilities to buy power ahead of time at a pre-determined price," he said. "Until recently, California's utilities were largely limited to buying power in the volatile 'spot market,' and had little ability to purchase power more than one day in advance of their customers' need."

"This is analogous to a travel strategy of consistently showing up at an airport without a ticket, hoping there's an extra seat at a reasonable price."

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service