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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
New York Pursues 2,000 MW of Offshore Wind
LCG, July 28, 2022--The Governor of New York yesterday announced the release of New York's third competitive offshore wind solicitation that seeks at least 2,000 MW of additional renewable capacity. New York State currently has five offshore wind projects in active development that total over 4,300 MW of capacity, and the goal for the State is 9,000 MW by 2035. The additional capacity gained from the new solicitation will be a big step towards the 2035 goal.
The Governor stated, “New York is proud to continue leading the way in offshore wind development while establishing a blueprint for building a locally-based green economy. Today we are putting words into action and making it clear that New York State is the national hub of the offshore wind industry. The clean energy transition is driving significant private investment and family-sustaining jobs in communities across the state, and we are setting ourselves up for success with a brighter and more sustainable future.”
For offshore wind development in New York and the region to align with the Governor's State of the State priorities and effectively proceed, the New York State Energy Research and Development Authority (NYSERDA) has initiated a New York State Cable Assessment Study to help identify constrained and strategic offshore wind cable routes to access key points of interconnection on the grid as well as the Offshore Wind Master Plan 2.0: Deep Water.
The NYSERDA President and CEO said, “Releasing our third offshore wind solicitation provides a further opportunity to revolutionize our economy and continue to build a thriving offshore wind industry right here in New York as we continue to grow our nation-leading renewable energy project pipeline. We continue to prioritize a transition that is cost-effective, environmentally responsible, and benefits all New Yorkers - and we look forward to partnering with project developers who share those same goals.”
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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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