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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
Duke to Issue RFP for Electric Generating Capacity in Florida
LCG, September 26, 2013--Duke Energy Florida earlier this week announced that it will issue a Request for Proposals (RFP) to supply approximately 1,640 MW of electric generating capacity beginning in 2018.
New proposals to provide generating capacity will compete with Duke Energy?s self-build option to install a natural gas-fired, combined-cycle facility in Citrus County Florida.
"We have a need for significant generating capacity in 2018 and through the RFP process, we will be able to identify the most cost-effective, safe and reliable generation source for our customers," said Duke Energy state president - Florida.
The company will issue the RFP on October 8, 2013. A pre-release meeting is scheduled for October 2, 2013, and a meeting for interested bidders will occur on October 18, 2013. Following the completion of evaluating the proposals, a short list of proposals will be announced next March. Finalists are scheduled to be named in May 2014, and the award announcement is expected by August 2014.
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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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