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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
RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project
LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.
The newly announced PPA represents RWE's third, long-term contract with Meta in recent months, with a combined offtake of 574 MW from projects in Texas, Illinois and Louisiana. Previously, RWE announced that it had secured two PPAs with Meta for 100 percent of the output from RWE's 274 MW County Run Solar project in Illinois and its 100 MW Lafitte Solar project in Louisiana.
Meta's Head of Global Energy said, "We're excited to expand our partnership with RWE and look forward to the Waterloo Solar project coming online."
RWE Clean Energy's Chief Commercial Officer stated, "RWE's partnership with Meta underscores the importance of unleashing American electricity generation from all sources to support load growth in Texas and across the U.S. These collaborations enable us to continue investing in communities across America like Bastrop County, helping to stimulate job creation and economic prosperity, while simultaneously helping companies like Meta match the electricity use of their operations with clean and renewable energy."
RWE continues to expand its investments in renewable power in the U.S. Last year, RWE commissioned 1.6 GW of new solar, onshore wind and battery storage capacity in the U.S. In addition to the solar projects with Meta described above, RWE also announced today that it will provide 308 MW of new and upgraded wind power capacity to West Texas. RWE will first repower its 127-MW Forest Creek wind farm, which is currently underway and is expected to resume operations by the end of this year. Second, RWE will build the 181-MW Honey Mesquite project, which is scheduled to begin construction this Fall and commence operations in late 2026. Both projects will use GE Vernova's domestically produced, state-of-the-art, 2.82-MW wind turbines. RWE claims that, in total, it has more than 4 GW of projects currently under construction across a dozen U.S. states.
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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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