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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
Maine PUC Approves Agreement Supporting Off-Shore Wind Test Project
LCG, January 22, 2014--The Maine Public Utilities Commission (PUC) approved an agreement between the State and Maine Aqua Ventus to support Maine Aqua Ventus in its effort to receive a $50 million federal Department of Energy grant in May for an off-shore wind test project.
The University of Maine, the Maine construction firm Cianbro and the Nova Scotia-based energy company Emera, operating under the name Maine Aqua Ventus (MAV), are seeking to test two, 6-MW wind turbines approximately 2.9 miles off the southern coast of Monhegan Island in the Gulf of Maine. The test project potentially could be expanded to a 500 MW off-shore wind farm. The off-shore turbines would be connected to Monhegan Island and to the Central Maine Power (CMP) transmission grid at Bristol via undersea cables.
Under the term sheet approved by the PUC, CMP will purchase electricity produced by the two turbines at a cost likely higher than the market rate, with CMP ratepayers covering the higher cost. Final terms will be developed later this year and will require PUC approval.
"We appreciate that the PUC has seen the benefits of this project, long-term, not only for Maine but ... the impact it can have on the U.S. as a whole," said Habib Dagher, director of the Advanced Structures and Composite Center at University of Maine.
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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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