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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
Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration
LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027. The prior commitment was to procure 1,600 MW of offshore wind capacity to be installed by 2027. The increase to 4,000 MW of installed offshore wind capacity for the Commonwealth comes just before the Biden Administration's newly announced national offshore wind target of 30,000 MW by 2030.
The Governor stated, "Climate change is an urgent challenge that requires action, and this legislation will reduce emissions in Massachusetts for decades to come while also ensuring the Commonwealth remains economically competitive. We are proud to have worked closely with the Legislature to produce bipartisan legislation that will advance clean energy sources and secure a healthy, livable environment for future generations."
Massachusetts has already procured 1,600 MW of offshore wind capacity as a result of legislation signed by the Governor in 2016. Last October, the 800 MW Vineyard Wind 1 project reached a transmission agreement with ISO New England (ISO-NE) to connect to the New England grid. The Massachusetts Department of Public Utilities (DPU) in November approved long-term contracts of the 804 MW Mayflower Wind offshore wind farm with the Commonwealth's Electric Distribution Companies.
Earlier this year, the Massachusetts Department of Energy Resources (DOER) filed the third offshore wind power Request for Proposals (RFP) with the Department of Public Utilities for review and approval. The RFP solicits project proposals of up to 1,600 MW of offshore wind capacity.
The new legislation signed this month by the Governor also sets new interim goals for emissions reductions and increases protections for Environmental Justice communities.
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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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