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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
FPL Announces Plans to Construct Combined-Cycle Facility in Florida
LCG, July 7, 2015-Florida Power & Light Company (FPL) last week announced plans to construct the 1,600-MW Okeechobee Clean Energy Center in Florida. The natural gas-fired, combined-cycle power plant is estimated to cost $1.2 billion and is planned to commence service by mid-2019.
"Not only would this new plant help us meet the needs of Florida's growing population and economy, it would also be one of the lowest-cost, cleanest and most efficient of its kind in the world," stated the president and CEO of FPL.
In March 2015 FPL filed with the Florida Public Service Commission (FPSC) its ten-year plan that forecast a significant need for additional firm power generation beginning in 2019, with more to be added in future years. FPL also issued in the first quarter a Request for Proposals (RFP) to invite prospective bids from interested power providers for firm generation. However, FPL received only one partial bid that did not conform to the terms of the RFP and fell far short of meeting the required energy need. With such a response, FPL plans to proceed and construct its own facility.
The proposed Okeechobee Clean Energy Center would be built on company-owned property in northeastern Okeechobee County, where the 2,800-acre property also offers space to accommodate future large-scale solar power generation facilities.
Prior to construction, regulatory approval will be required, and the process is expected to extend for 14-16 months. Plans must undergo comprehensive reviews by the Florida Department of Environmental Protection, FPSC and a number of other county, state and federal government agencies. FPL intends to file for regulatory approval in the coming months.
The president and CEO of FPL stated, "We're building on our successful strategy of phasing out older, inefficient facilities and replacing them with advanced, high-efficiency clean-energy technology in a way that ensures we can meet the growing energy needs of Floridians while keeping their electric rates low. The strategy is working: our system is among the cleanest and most fuel-efficient in the U.S., and our typical customer bills are about 30 percent lower than the national average."
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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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