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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
Dominion Energy Virginia Receives Approval to Add Nearly 1,000 MW of Clean Energy
LCG, March 17, 2022--The Virginia State Corporation Commission (SCC) approved on Tuesday an expansion of solar and energy storage projects approaching 1,000 MW for Dominion Energy Virginia customers. The approved expansion includes 15 Dominion Energy Virginia projects, plus power purchase agreements (PPAs) with 24 other projects owned by third-party developers.
The projects developed by Dominion are scheduled to be completed in 2022 and 2023, adding approximately 665 MW of solar capacity and 70 MW of storage capacity.
The president of Dominion Energy Virginia stated, “This is another significant milestone in Virginia's transition to energy independence. These projects will support thousands of good jobs and hundreds of millions in economic activity in communities across Virginia. This is a positive step forward for our customers, the environment and Virginia's economy.”
The projects will advance Dominion Energy down its path toward net zero greenhouse gas emissions while meeting the future energy needs of its customers.
In 2020, the State of Virginia passed the Virginia Clean Economy Act (SB 851) that calls for Dominion Energy Virginia and the smaller Appalachian Power Co. to (i) supply 30 percent of their power from renewables by 2030 and (ii) close all carbon-emitting power plants by 2045 for Dominion and by 2050 for Appalachian.
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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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