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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
Midwest ISO Seeks Independent Market Monitor
LCG, Oct. 16, 2000--The Midwest Independent Transmission System Operator Inc. announced Friday that it was seeking an independent third-party market monitor and had asked qualified firms to submit proposals by November 15."Using a third-party entity will ensure all participants that the markets the Midwest ISO operates in are analyzed consistently, fairly and without prejudice," said Matthew C. Cordaro, president and chief executive of the ISO.In a news release, the ISO said it was looking for a monitor that could be independent, objective, non-discriminatory and knew how to keep proprietary information confidential.The monitor would keep an eye on energy and capacity markets, generation market power indices, energy imbalance markets and congestion management mechanisms. The monitor will also collect data and analyze markets for potential indicators of market power such as withholding capacity or bidding hanky-panky."The operator (monitor?) will evaluate market participants to detect behavior that adversely affects (our) ability to provide reliable, efficient and non-discriminatory transmission service," Cordaro said.
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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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