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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
NextDecade Announces Option-to-Lease Agreement with Port of Brownsville for Rio Grande LNG Project
LCG, March 6, 2015-NextDecade, LLC yesterday announced it has signed an option-to-lease agreement with the Port of Brownsville that will expand the company's site to 1,000 acres for its proposed Rio Grande Liquefied Natural Gas ("RGLNG") export terminal, doubling its initial agreement.
The founder and CEO of NextDecade stated, "NextDecade has taken a major step forward by securing such a prime site for our Rio Grande LNG project. We have worked diligently to complete our Basis of Design to ensure a competitive, well thought out and executable project and are committed to working with the Federal Energy Regulatory Commission (FERC), our industry-leading partners and the local community to bring this project to fruition."
The RGLNG site is located approximately seven miles from the Gulf of Mexico on the northern shore of the Brownsville Ship Channel, which provides access to major global LNG markets. The additional acreage will provide increased design flexibility and expansion capability.
The RGLNG project includes the 130-mile Rio Bravo Pipeline project to connect the LNG terminal with the Agua Dulce natural gas market hub.
NextDecade is currently engaged in a detailed assessment of the site to ensure that all safety and environmental requirements are met as it prepares for initial FERC pre-filing process submissions later this month.
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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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