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

CPUC Approves PG&E's Agreements for 585 MW of Renewable Energy

LCG, December 26, 2007--Pacific Gas and Electric Company (PG&E) announced
that the California Public Utilities Commission (CPUC) approved four renewable energy power purchase agreements (PPAs) associated with three solar and one geothermal facilities. The combined generating capacity associated with the projects is 585.5 MW.

The largest solar project is the Mojave Solar Project, with a generating capacity of 553 MW. The project will use Solel's patented solar thermal parabolic trough technology and cover about nine square miles in the Mojave Desert. The massive project will include 1.2 million mirrors that track the sun and focus the sun's energy to heat 317 miles of vacuum tubing, which will produce steam that drives electric-generating turbines. The project is scheduled to be fully operational in 2011.

Two smaller PPAs, with a combined capacity of 7 MW, associated with solar power were also approved. One PPA is with Cleantech America LLC, and the other is with GreenVolts, Inc. The projects will both utilize photovoltaic technologies and are scheduled for completion in 2009.

Lastly, the CPUC approved a PPA between PG&E and Western GeoPower, Inc. for 25.5 MW of renewable geothermal energy. The power will be generated at The Geysers Geothermal Field, which is sited approximately 75 miles north of San Francisco, California. The Geysers Geothermal Field is an existing resource that has been generating power since 1960.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with a 20 percent renewables target by the end of 2010 and a 33 percent target by the end of 2020.

According to PG&E, about 12 percent of its energy is now supplied by qualifying renewable sources under California's Renewable Portfolio Standard (RPS) program. PG&E states that it is on track to achieve the RPS target of 20 percent by 2010.
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