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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
ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative
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.
ERCOT's GRIT initiative will be comprised of three key areas that will be highlighted on the new GRIT webpages. The first key area addresses Grid Transformation Initiatives. As the grid transforms, ERCOT continues to work on new ideas to meet the challenges posed by significant load growth, changes in the generation mix, digitization, and weather events. Engaging in external research and sharing white papers and roadmaps on ERCOT thought leadership with external stakeholders is designed to streamline the process of collaboration to meet these challenges.
The second key area is Research and Innovation Partnership Engagement (RIPE). To facilitate engagement with external research and innovation partners, ERCOT has launched the Research and Innovation Partnership Engagement (RIPE) program. The program enables partners with transformative ideas to engage with ERCOT with a goal of innovating new technologies that can solve future grid challenges.
The third key area is the annual ERCOT Innovation Summit, which brings together thought leaders across the energy research and innovation ecosystem to explore solutions that use innovation to impact grid transformation. The Summit is designed for stakeholders in energy research and innovation ecosystems, such as Market Participants, vendors, Independent System Operators (ISOs)/Regional Transmission Operators (RTOs), academia, and research labs who are interested in understanding how ERCOT and other ISOs and RTOs are using the latest technologies to enhance the reliability, efficiency, and adaptability of the grid.
ERCOT expects the new GRIT initiative to support building a reliable, adaptable, and future-ready grid through better and more collaborative applied research and innovation.
The President and CEO of ERCOT stated, "As the ERCOT grid continues to rapidly evolve, we are seeing greater interest from industry and academia to collaborate on new tools and innovative technologies to advance the reliability needs of tomorrow's energy systems. These efforts will provide an opportunity to share ideas and bring new innovations forward, as we work together to lead the evolution and expansion of the electric power grid."
"As the depth of information and industry collaboration evolves, we will continue to enhance the GRIT webpages to create a dynamic and valuable resource for the broader industry to continue fostering strong collaboration and innovation with our stakeholders," said ERCOT's Vice President of DevOps and Grid Transformation.
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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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