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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
NRG Announces Texas Energy Fund Loan Executed for 456 MW Project Near Houston
LCG, August 4, 2025--NRG Energy, Inc. (NRG) today announced that the company has executed a loan agreement with the Public Utility Commission of Texas (PUCT) and received initial funding for two new natural gas units at NRG’s existing TH Wharton power plant as a part of the Texas Energy Fund (TEF) Loan Program. The TH Wharton facility is located on a 600-acre site approximately 20 miles northwest of Houston. The two new units will add a combined 456 MW nameplate capacity and are expected to commence operations next summer.
NRG has two additional natural gas-fired projects moving through the TEF due diligence process. At NRG's existing Cedar Bayou facility, located on a 300-acre site east of Baytown, Texas, a combined cycle facility addition is planned that would add approximately 690 MW of generating capacity. At NRG's Greens Bayou Electric Generating Station, located on a 560-acre site northeast of Houston, Texas, a simple cycle unit addition is planned that would add approximately 440 MW of capacity. Both expansions are planned to commence operations in mid 2028. In total, NRG’s planned capacity additions utilizing TEF funding will add over 1,500 MW of new, dispatchable, gas-fired projects in Texas by 2028.
NRG's Executive Vice President and President of NRG Business and Wholesale Operations stated, "Demand for electricity across Texas is surging, and we’re working quickly to supply new dispatchable natural gas generation to the grid. Our new units at TH Wharton will add lasting benefits to the surrounding community with the addition of jobs, enhanced grid stability and economic growth. We want to thank Governor Greg Abbott, the Texas Legislature and the PUCT for being great partners in helping power Texas forward."
Texas faces significant demand growth from rapid industrial expansion, AI-powered data centers, and residential development. To address the situation, the TEF was created in late 2023 to provide funding opportunities for electric generation projects—both inside and outside of the Electric Reliability Council of Texas (ERCOT) power region—through four programs based on an application process and award system developed by the Public Utility Commission of Texas. The Texas Legislature appropriated $5 billion to fund the TEF for Fiscal Years 2025-2026 and an additional $4 billion for Fiscal Years 2027-2028.
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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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