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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
Court Ruling May Boost TXU Stranded Cost Recovery
LCG, Aug. 31, 2000A partial ruling yesterday by a Texas court could nearly quadruple the amount of stranded costs eligible for securitization by TXU Electric Co., the company said in a news release. TXU Electric is an operating subsidiary of TXU Corp.The partial ruling by the Travis County Texas District Court reversed a portion of an order by the Public Utility Commission of Texas that used asset life for purposes of setting the value of strandable assets. That would essentially be depreciated book value based on straight-line depreciation over the life of an asset, which can be as long as 40 years.The court believed that such valuation did not conform to securitization provision of the Texas electric industry restructuring law enacted last year, saying a present value period based upon stranded cost and regulatory asset recovery periods authorized under the restructuring statute should have been used.TXU was careful to point out that the court did not set the valuation period to be used, but said that if the PUCT should use the alternative 12-year discounting period contained in its financing order, the amount to be securitized by TXU Electric would increase to $1.3 billion from $363 million.The District Court indicated that it intended to enter a written final judgment September 5. TXU Electric said it will probably appeal the District Court's final judgment directly to the Texas Supreme Court.
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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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