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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
Construction Begins at Majestic Wind Farm in Texas
LCG, September 17, 2008--Babcock & Brown announced yesterday that it has closed on the financing and has started construction of the Majestic Wind Farm, which is located northeast of Amarillo, Texas. The electric generating capacity of the project is 79.5 MW, and full commercial operation is scheduled to be achieved by year-end.
Babcock & Brown plans to dramatically increase its generating capacity in the region. A Babcock & Brown spokesperson stated, "The Majestic Project will be followed by Majestic II next year, and then by our 1,000 MW Panhandle Wind Project, once the ERCOT CREZ (Competitive Renewable Energy Zone) transmission facilities are in place."
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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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