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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
Xcel Plans to Add 100 MW of Wind Power in Minnesota
LCG, June 27, 2007--Xcel Energy yesterday requested permission from Minnesota regulators for permission to construct a 100-MW wind project near Austin, Minnesota. The proposed Grand Meadow Wind Farm is scheduled to be operational by the end of next year.
Xcel Energy contracted with enXco Development Corp., which is developing the site and has already filed a separate site permit for the wind farm. The site could provide for up to 200 MW of wind generating capacity.
The Grand Meadow Wind Farm would be owned by Xcel Energy and would include 67, 1.5-MW wind turbines on approximately 40 square miles.
Minnesota Governor Pawlenty in February signed legislation that requires electric utilities, including municipal power entities, to use renewable energy to supply 25% of retail electric sales to customers in Minnesota by the year 2025. The new law includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The largest electric utility, Xcel Energy Inc., has a higher goal of 30% by 2020.
Renewable supply resources include wind, hydroelectric, solar, biomass and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.
The new law includes provisions to develop a renewable energy credit trading system that would allow utilities to trade in order to achieve renewable goals. Financial penalties may be assessed if goals are not met.
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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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